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PUBLIC DOCUMENT .... .... No. 9. 



FORTIETH ANNUAL REPORT 



OF THE 



Insurance Commissioner 



OP THE 



Comnwnlwaltjj of Massachusetts. 



January 1, 1895. 



PABT I. 

FIRE AND MARINE INSURANCE. 



BOSTON : 

WRIGHT & POTTER PRINTING CO., STATE PRINTERS, 

18 Post Office Square. 

1895. 



\CMSfcil'i 

rATE HOUSt 

MAY 14 1895 



i.5^rO 



13 



TABLE OF CONTENTS. 



[For Index to Companies, see end of Volume.] 



COMMISSIONER'S REPORT. 

PAGE 

Introductory, v 

Companies authorized during 1894, vi 

Companies withdrawn during 1894, vi 

Condition of the New Mutuals, vii 

Suggestions as to Methods, viii 

Unauthorized Business in Other States, ix 

The Business of the Past Year, xi 

Changes in the Department, xii 

The Office of Fire Marshal, xii 

Finances of the Department, xiii 

Comparative Tables, xv 

Massachusetts Mutual Fire Insurance Companies : 

Comparative Table A, xvii 

Massachusetts Mutual Marine Insurance Companies : 

Comparative Table B, xviii 

Massachusetts Joint-Stock Insurance Companies : 

Comparative Table C, . xix 

Insurance Cosipanies of Other States: 

Comparative Table D, . xx 

United States Branches of Foreign Insurance Companies : 

Comparative Table E, xxi 

Aggregates of all the Companies, xxii 

Massachusetts Business : 

Comparative Table F, xxiii 

Comparative Ratios, xxiii 

Table G. — Fire risks written, premiums received and losses incurred in 

Massachusetts, xxiv 

Statistical Tables, xxv 



IV TABLE OF CONTENTS. 

Massachusetts Mutual Fire Insurance Companies : page 

Table I. — Risks, assets, liabilities and surplus, xxvi 

Table II. — Gross cash income and expenditures, premiums, losses and 

expenses, xxviii 

Massachusetts Mutual Marine Insurance Companies: 

Table III. — Guaranty fund, scrip, risks, assets, liabilities and surplus, . xxx 
Table IV. — Gross cash income and expenditures, premiums, losses and 

expenses, xxx 

Massachusetts Joint-Stock Insurance Companies: 

Table V. — Cash capital, risks, assets, liabilities and surplus, . . . xxxi 
Table VI. — Risks written, premiums received and losses paid, . . . xxxii 
Table VII. — Gross cash income and expenditures, expenses and divi- 
dends, xxxiii 

Insurance Companies of Other States : 

Table VIII. — Cash, capital, risks, assets, liabilities and surplus, . . xxxiv 
Table IX. — Risks written, premiums received and losses paid, . . xxxix 
Table X. — Gross cash income and expenditures, expenses and divi- 
dends xliv 

United States Branches : 

Table XI. — Showing deposits, etc., xlviii 

Table XII. — Business of 1894, 1 

Massachusetts Business in Detail : 

Table XIII, lii 

Table XIV. —Receipts and expenditures of the insurance department, . lvii 

Statistics of Fires in Massachusetts (See Appendix) : 

Table I. — Fire losses in Massachusetts during the year, .... 44". 

Table II. — Property, fires, insurance, loss, etc., 449 

Table III. — Comparison of fires for seventeen years, 454 

Table IV. — Fires classified by months, 455 

Table V. — Causes of fires, 459 

Table VI. — Summary, 

Table VII. — Fires by months for seventeen years, 4€7 

DETAILED STATEMENT. 

Massachusetts Mutual Fire Companies, 1 

Massachusetts Mutual Marine Companies, 109 

Massachusetts Joint-Stock Fire, Marine and Fire-Marine Companies, . . 115 

Fire, Marine and Fire-Marine Insurance Companies of Other States, ... 141 

United States Branches of Foreign Companies, 347 

Appendix, 419 



(fommflitforaltJT of lltassaxljusjetts. 



Insurance Department, Boston, April 12, 1895. 

To the Honorable the Senate and House of Representatives. 

Herewith is submitted, in compliance with the provisions of 
law, Part I., relating to fire and marine insurance, of the 
fortieth annual report of this Department. 

During last year, in a degree growing out of the increasing 
demand for insurance beyond the ability of companies rep- 
resented in the Commonwealth to furnish, there was organized 
eleven new mutual fire insurance companies, generally designed 
to accept what is known as mercantile risks, and while this has 
increased the number of companies properly authorized at the 
end of the year, in every other direction the list unfortunately 
shows a decrease, there being two less joint stock fire insurance 
companies of Massachusetts, one less of such companies of other 
States, and one less of United States branches of foreign com- 
panies. 

The companies now transacting business in Massachusetts 
are classified as follows : — 

Massachusetts mutual fire, 62 

Massachusetts mutual marine, 3 

Massachusetts joint stock, 9 

Other States, 73 

United States branches of foreign companies, . 32 

Total, . 179 

Two additional mutuals — the Bay State of Gardner and the 
Commonwealth of Boston — were organized near the close of 
1893 and ought practically to be included in the list of the new 
mutuals. Four or five of the mutuals which had been in 
existence for a longer period have within the past year so far 



VI 



REPORT OF THE 



changed their hitherto plans as to be properly included in the 
list of mercantile companies. 

One company — the Massachusetts Mutual, with a guaranty 
capital of $200,000 — has retired from business, reinsuring its 
risks in the Firemen's Fire Insurance Company of Boston, Dec. 
13, 1894. 

The changes since the last report are as follows : — 



Companies authorized during the Year. 



NAME OF COMPj 


LNY. Location. 


Date of Authority. 


Suffolk Mutual, . 


* 

. Boston, .... 


January 24. 


Eastern Mutual,. 


. Boston, . 






January 29. 


New England Mutual 


, . . Boston, . 






February 5. 


Western Massachuset 


ts Mutual, Springfield, 






February 


Old Colony Mutual, 


Boston, . 






March 27. 


Colonial Mutual, 


Boston, . 






April 10. 


Tremont Mutual, 


. Boston, . 






April 21. 


Standard Mutual, 


. Boston, . 






May 19. 


Globe Fire, . 


New York, 






August 11. 


Melrose Mutual, 


. Melrose, 






August 15. 


Excelsior Mutual, 


Boston, . 






September 10. 


India Mutual,* . 


. Boston, . 




September 10. 


Winthrop Mutual, 


. Boston, . 




October 30. 



Companies withdrawn during the 


Yea 


r. 




Columbian, .... 


Louisville, Ky., 




February 


27. 


Boylston, 


Boston, . 




March 


16. 


Guardian Assurance, . 


London, . 




May 


31. 


Dwelling House, 


Boston, . 




October 


17. 


Massachusetts Mutual Fire, 


Boston, . 




December 


13. 


Teutonia, 


Philadelphia, . 




December 


31. 


Firemen's, 


Baltimore, 




December 


31. 



* To do fire business. 



INSURANCE COMMISSIONER. Vll 

Condition of the New Mutuals. 
The statute requires that every insurance company chartered 
in this Commonwealth shall be subjected at least once in three 
years, and as much more frequently as the Commissioner deems 
desirable, to a critical examination. The recent organization 
of so large a number of mutuals, and the inquiries as to their 
condition which were coming in all directions from the policy- 
holders, seemed to render it imperative for the information and 
the protection of the citizens of Massachusetts as well as other 
States pecuniarily interested therein, that immediately upon the 
receipt by this Department of the statements of business for the 
year 1894 rendered by these new corporations, there should be 
a careful examination into their condition. This work has been 
nearly completed and the results are shown in the tabulations 
presented in this report. Unlike most of the large insurance 
departments, that of this Commonwealth has not been provided 
with an examiner to have in charge this particular work, suffi- 
cient now to occupy, if thoroughly and efficienty performed, 
the time of at least one appointee. It was necessary therefore 
to withdraw, and under the circumstances at the very time 
when the Department was most heavily pressed with work in 
making up the compilation of annual statements, two of the 
clerical force for this special service, with the result that the 
annual report is in this instance delayed, as will be the Life 
Report to follow, at least four weeks beyond the time of ordi- 
nary publication. As a result of the examinations of the 
mutuals, three, — the Suffolk of Boston, the Commonwealth of 
Boston, and the Bay State of Gardner — were found to be 
financially impaired in such degree as to demand an immediate 
assessment upon the policy-holders to meet accrued liabilities, 
and in the case of the two former the Commissioner, in the ex- 
ercise of the discretion conferred upon him by law, felt impelled 
to apply to the Supreme Judicial Court for an injunction restrain- 
ing the said corporations from the further transaction of business 
and for the appointment of a receiver to close their affairs. In 
the case of the Suffolk there was no contention, and James C. 
Davis, Esq., was, on March 22, appointed receiver of that cor- 
poration. In the case of the Commonwealth a temporary in- 
junction was issued which, however, was subsequently so far 



vili REPORT OF THE 

modified as to permit the officers of that corporation to make 
an effort to collect an assessment already levied, the corpora- 
tion being restrained from the issuance of any further policies 
and from any payments, while the question of the appointment 
of a receiver was postponed for the period of two months. 

Suggestions as to Methods. 

No one will contend that the conditions of the insurance 
business, demanded so large and sudden an increase in the 
number of new mutual companies, and it is exceedingly to be 
regretted that several of these were apparently organized mainly 
in the interest of individuals instead of the insuring public. 
The amendment in the insurance statute effecte*d last year upon 
the suggestion of the Commissioner, prohibiting the appoint- 
ment of the same persons as general managers of one of these 
companies and at the same time as officers thereof, has not 
altogether cured the evil which it was intended to remedy, and 
the financial straits in which several of these corporations 
are now found arises in no small degree from the pernicious 
practice of appointing general managers with a flat commission 
upon the entire business, whose only pecuniary interest in such 
condition of affairs is to procure the largest possible amount of 
business with its resultant profit to the said managers, and 
whose counsels have been altogether too weighty in the ques- 
tion of the acceptance or rejection of the risks involved. The 
old time conservative management which has characterized the 
Massachusetts mutual fire insurance companies from their in- 
ception, and which has resulted in a degree of stability not 
excelled among similar institutions, has largely been lost sight 
of in this new and mad race for business, the amount of which 
with its consequent volume of premiums has naturally, indeed 
inevitably, led to disaster to the corporations while affording 
enrichment to the general managers thereof. While it is per- 
haps impossible to entirely regulate this matter by statute, the 
principle ought to be enforced in every corporation of this 
class that the general managers, especially if admitted into the 
councils of the company in the matter of the acceptance of 
risks, ought to derive their profit not from the altogether per- 
nicious principle of a flat commission upon the premiums re- 
ceived, but from a fixed salary, and perhaps in addition thereto 



INSURANCE COMMISSIONER. IX 

a percentage from the profits of the business, should the opera- 
tions of the corporation prove successful. Only upon the 
adoption of this plan can the entirely personal and pecuniary 
interest of the managers in the volume of business, and, there- 
fore, of premiums, be dissevered, and their interest be made 
mutually with the policy-holders, dependent upon the com- 
pany's success. The practice in the new mutuals to which 
attention is herein called cannot be too strongly or too severely 
condemned, and if not at once and altogether abandoned, the 
Legislature must be invoked to still further amend the law so 
as to effectually and entirely remedy this mischievous method 
of proceeding. 

Unauthorized Business in Other States. 

The examination of nine of the new mutuals shows in one 
direction a result which may awaken serious apprehension on 
the part of Massachusetts policy-holders in these corporations, 
and presents a phase of the business demanding careful con- 
sideration, if not prompt legislative action. Nearly all of these 
mutuals, immediately after receiving certificates of authority to 
transact business, began actively extending their operations 
into other States, — a proceeding not in itself indefensible upon 
the grounds of good management or in the protection of the 
best interests of the Massachusetts policy-holders ; but a very 
considerable portion of the territory into which they made in- 
cursions was within States to which the corporations had not 
been lawfully admitted and where they had no legitimate right 
to attempt the issuance of insurance. 

Aside from the serious question of public policy, — the con- 
siderations of comity between States, — there is an element of 
grave danger, so far as a purely mutual company is concerned, in 
transactions of this nature. Massachusetts has carefully guarded 
by law the conditions under which an insurance company of 
another State or country may be admitted to transact business 
in this Commonwealth, and every effort is made to prevent 
violation of law by the transaction here of insurance busi- 
ness by companies not authorized to engage therein. Other 
States have similar laws. Should Massachusetts, without any 
attempt at restraint, permit her own corporations to invade 
territory where they have received no authority to transact 



X REPORT OF THE 

business, and thus openly transgress and defy the laws of sister 
States ? 

But beyond this question of legal courtesy and propriety, 
there is the eminently practical business view brought out in 
the examinations. Herewith is appended a table showing the 
amount of premiums collected by the nine mutuals already 
examined and the losses incurred, by which it will be seen 
that while over one-fifth of the entire premiums was paid by 
policy-holders in Massachusetts, less than one-twelfth of the 
losses was incurred in this Commonwealth. 





Pkkmidms Collected. 


Losses Incurred. 


COMPANIES. 


In Mass. 


Other States. 


Per 

Cent. In 

Mass. 


In Mass. 


Other States. 


Per 

Cent, in 

Mass. 


Colonial, 

Old Colony, . 

Standard, . 

Tremont, 

Western Massa- 
chusetts, . 

Atlas, . 

Commonwealth, . 

Suffolk, 

Bay State, . 


$21,083 38 
15,898 69 
10,416 89 
15,268 97 

18,255 57 
50,791 06 
53,897 14 
41,347 43 
20,333 00 


$40,029 12 
64,819 46 
28,455 47 
26,012 38 

73,764 36 

319,382 01 

252,323 41 

82,019 86 

83,561 00 


34.50 
19.70 
26.78 
36.99 

19.84 
13.72 
17.60 
33.52 
19.58 


$217 38 

181 80 

88 12 

2,853 59 

219 13 

9,533 29 

10,839 10 

10,470 28 

6,682 00 


$13,766 90 

13,031 99 

8,246 79 

5,825 50 

43,559 87 

148,137 00 

175,760 69 

42,005 19 

37,399 00 


1.50 

1.37 

1.06 

32.88 

.5 

6.02 

5.81 

19.95 

15.16 


Totals, . 


$247,292 13 


$970,367 07 


20.30 $41,084 69 If 487,732 93 ; 7.77 



If the business of the corporations proves successful, it is 
possible that this great disparity may in the end be overcome, 
but even then it affords a very pungent illustration of the man- 
ner in which the holders of policies in this Commonwealth are 
made to pay an enormous excess of loss in other parts of the 
country ; but perhaps a still more important consideration pre- 
sents itself in the case of a serious impairment, as has come to 
not less than four of the nine corporations included in the list. 
It is a matter of extreme doubt whether one of these corpora- 
tions will be able by any process of law to collect an assess- 
ment when needed, in States where it has transacted business 
in defiance of law. Should this prove true, then the Massachu- 



INSURANCE COMMISSIONER. XI 

setts policy-holders are subjected to an additional pecuniary 
disadvantage over that already incurred, because here, without 
question, the corporation can enforce by legal process its assess- 
ment, with the result that after having paid in the first cash 
premium, which, when the question of loss is taken into con- 
sideration, is very largely in excess of that paid by citizens of 
other States, our own people must be called upon to a consider- 
able extent to make up the amount of an assessment in case of fail- 
ure to collect the same within the jurisdiction of States where the 
company had not been authorized to proceed with its business. 
Possibly there are reasons which would make it unwise to 
absolutely prohibit by law the engaging by any insurance cor- 
poration chartered in this Commonwealth in the transaction of 
business in any State to which it had not been lawfully ad- 
mitted. But the facts herewith shown present to the managers 
of these companies, to the policy-holders, and to the Legislat- 
ure, a condition of affairs demanding the most careful consid- 
eration and the wisest possible judgment. 

The Business of the Past Year. 

The tables show a gratifying increase, being above three 
millions of dollars in assets during the year in the Massachu- 
setts mutual fire insurance companies, an increase of eighty- 
seven millions in risks written, of fifty-eight millions in risks 
outstanding, and a substantial increase in income and profits 
returned, with a decrease of more than a half million in losses 
incurred, the entire presentment being a gratifying improve- 
ment upon the condition in several previous years. While 
the marine companies show a very large percentage of loss in 
the amount of risks written, their condition otherwise is not 
so discouraging as the figures apparently indicate. The table 
presenting the condition of the Massachusetts stock companies 
is not so favorable. Capital, assets, surplus, income, risks 
written and outstanding, all show a very material decrease, not 
fairly offset by the decrease in the losses incurred and paid. 
Somewhat singularly, but perhaps to be accounted for by 
very large increase of risks written by the mutuals, the com- 
panies of other States and countries met with a very material 
loss in amount of risks written and outstanding ; with also a 
decrease in assets and income, although both classes show an 



Xll REPORT OF THE 

increase in surplus. The aggregates of all the companies show 
a decrease in the capital of over two millions, an increase of 
four and one-third millions in assets and above three and one- 
half millions in surplus. On the other hand, the fire risks 
written show a decrease of nearly seven hundred fifty millions 
and marine risks above one hundred seventy-seven millions. 
The liabilities, on the other hand, show a decrease of nearly 
two millions, a decrease in expenditures of above fourteen 
millions, and a decrease in fire losses paid of more than ten and 
one-half millions. Taken altogether, the exceedingly unpromis- 
ing situation of the five years preceding 1894 has materially 
improved. 

Changes in the Department. 

Since the publication of the last report, the Department 
has met with one of the severest losses in its history, in the 
resignation, to accept a position far more lucrative, of Deputy 
Commissioner William S. Smith. After nearly seventeen 
years of most faithful service, in which Mr. Smith discharged 
the duties not only of deputy but also assumed those of 
actuary, proving himself in both positions invaluable, he was 
induced to leave the public service by the larger opportunities 
and greater emoluments offered by an insurance corporation. 
The Commissioner records his full and cordial appreciation of 
the work of Mr. Smith during all of these years and the great 
loss the Department has sustained in his retirement therefrom. 

The Department was fortunate in having upon its rolls Mr. 
Frederick L. Cutting, with a record of twenty-three years' 
efficient and pains-taking service in the exacting position of first 
clerk, and in accordance with the provisions of law he was ap- 
pointed deputy commissioner to fill the vacancy occasioned by 
the retirement of Mr. Smith. 

The Office of Fire Marshal. 
The establishment by legislative enactment last year of the 
office of fire marshal for the Commonwealth has taken from 
this Department the duty of collecting and compiling the statis- 
tics in relation to fires in Massachusetts. Naturally the break 
thus occurring renders the figures transmitted in the report of 
the fire marshal in a degree incomplete, but the tables which it 
has been customary for this Department to publish in that con- 
nection will be found in the report of the marshal, presented in 



INSURANCE COMMISSIONER. xiii 

the Appendix, and hereafter, under the new system, they will 
be thus published, covering the entire period of the year. The 
few months in which the office of fire marshal has been in 
operation in this Commonwealth sufficiently attests, and there 
can be no doubt that the future will confirm, the wisdom of 
the Legislature in the passage of the act which practically ex- 
tended the theretofore jurisdiction of the fire marshal of Boston 
over the entire Commonwealth. The value of this office well 
conducted can hardly be overestimated in the line of the in- 
vestigation of the causes of fires, the arrest of alleged incendi- 
aries, the removal of inflammable conditions, and through this 
work, the reduction of the enormous fire waste, a large portion 
of which is clearly attributable to criminal origin. The money 
expended by the Commonwealth in carrying on the work of the 
office of fire marshal will unquestionably prove in the results 
certain to be achieved one of the wisest and most economical 
appropriations in the interest of insurers and property holders 
in Massachusetts. 

In accordance with the provisions of existing statutes, the 
suggestions of the Commissioner as to desired legislation are 
required to be made to the General Court prior to its session in 
January instead of being included, as formerly, in the annual 
reports of the Department. The recommendations of the Com- 
missioner thus made for the current year will be found in the 
Appendix to this volume. 

Finances of the Department. 

The income of the Department for the year 1894 was 
$68,364.25, of which $28,782.25 was received from valuation 
fees, and $39,582 from licenses, certificates, statements, etc. 
The entire receipts were more than $6,500 in excess of the 
previous year, and the largest in the history of the Department. 
The surplus revenue accruing to the Commonwealth above the 
entire expenditures on account of the Insurance Department 
was $38,274.20, being greater than in the previous year by 
$4,170.81 (receipts and disbursements in detail in Table XIV). 

Respectfully submitted, 

GEORGE S. MERRILL, 

Insurance Commissioner. 



COMPARATIVE TABLES. 



Comparative Table A. — Massachusetts Mutual Fire Insurance 

Companies. 





1893.* 


1894.f 


Increase or 
Decrease in 1894. 


Assets (including contingent), 


$33,089,474 


$36,140,266 


$3,050,792 


Liabilities, .... 


5,290,303 


5,759,970 


469,667 


Cash surplus, 


5,101,451 


5,028,752 


—72,699 


Income, 


5,525,332 


6,275,391 


750,059 


Expenditures, 


5,472,913 


5,753,149 


280,236 


Risks written, . 


515,034,903 


602,324,896 


87,289,993 


Net premiums received, 


5,009,527 


5,739,745 


730,218 


Risks outstanding, 


819,245,714 


877,687,858 


58,442,144 


Losses paid, .... 


1,886,485 


1,750,915 


—135,570 


Losses incurred, . 


2,121,325 


1,492,096 


—629,229 


Assessments collected, . 


38,672 


32,103 


—6,569 


Profits returned, . 


2,699,947 


2,827,651 


127,704 


Expenses, .... 


843,163 


1,098,908 


255,745 



* Fifty-two companies. 



f Sixty-two companies. 



XV111 



REPORT OF THE 



Comparative Table B. — Massachusetts Mutual Fire Marine In- 
surance Companies. 





1893.* 


1894.f 


Increase or 
Decrease in 1894. 


Assets, 


$255,683 


$447,277 


1191,594 


Liabilities, .... 


143,542 


133,209 


—10,333 


Surplus, 


112,141 


314,068 


201,927 


Income, 


281,661 


272,500 


—9,161 


Expenditures, 


320,393 


213,090 


—107,303 


Risks written, 


17,279,010 


14,255,590 


—3,023,420 


Net premiums received, 


274,645 


204,039 


—70,606 


Losses paid, .... 


276,252 


169,442 


—106,810 


Losses incurred, 


200,535 


127,529 


—73,006 


Risks outstanding, 


3,349,461 


3,846,557 


497,096 


Expenses, .... 


44,141 


43,648 


—493 


Scrip dividends declared, 


- 


- 


- 


Scrip redeemed, 


- 


- 


- 


Scrip outstanding, . 


506,090 


662,362 


156,272 



* One company. 



t Two companies. 



INSURANCE COMMISSIONER. 



XIX 



Comparative Table C. — Massachusetts Joint-Stock Insurance Com- 
panies. 





1893.* 


1894.t 


Increase or 
Decrease in 1894. 


Cash capital, .... 


$5,007,200 


$4,150,000 


—$857,200 


Assets, 


10,538,001 


9,329,492 


—1,208,509 


Liabilities, .... 


3,732,569 


3,091,987 


—640,582 


Surplus, 


6,805,432 


6,237,505 


—567,927 


Income, 


4,864,572 


4,215,019 


—649,553 


Expenditures, 


5,028,166 


3,809,936 


—1,218,230 


Fire risks written, . 


283,727,237 


234,102,235 


—49,625,002 


Fire premiums received (net), 


3,242,019 


2,643,021 


—598,998 


Marine risks written, . 


69,490,194 


58,716,628 


—10,773,566 


Marine premiums rec'd (net), 


1,178,750 


1,205,873 


27,123 


Fire losses paid, . 


2,278,285 


1,704,614 


—573,671 


Marine losses paid, 


1,049,545 


676,366 


—373,179 


Fire losses incurred, 


2,291,220 


1,548,192 


—743,028 


Marine losses incurred, . 


1,258,163 


751,195 


—506,968 


Fire risks outstanding, . 


392,374,096 


346,534,601 


—45,839,495 


Marine risks outstanding, 


11,725,851 


10,332,386 


— 1,393,465 


Expenses, .... 


1,380,986 


1,106,830 


—274,156 


Cash dividends declared, 


319,216 


322,125 


2,909 



* Eleven companies. 



f Nine companies. 



XX 



REPORT OF THE 



Comparative Table D. — Fire and Marine Insurance Companies 

of Other States. 





1893.* 


1894.f 


Increase or 
Decrease in 1894. 


Cash capital, .... 


$41,222,912 


$40,629,601 


—$593,311 


Assets, 


163,083,845 


165,529,697 


2,445,852 


Liabilities, .... 


82,641,382 


81,749,197 


—892,185 


Surplus, 


80,442,463 


83,780,500 


3,338,037 


Income, 


89,066,354 


87,585,334 


—1,481,020 


Expenditures, 


90,579,511 


82,502,817 


—8,076,694 


Fire risks written, . 


8,758,242,662 


8,286,510,862 


—471,731,800 


Fire premiums received (net), 


74,079,031 


73,616,858 


—462,173 


Marine risks written, 


1,568,037,547 


1,373,218,992 


—191,818,555 


Marine premiums rec'd (net), 


7,564,427 


6,728,536 


—835,891 


Fire losses paid, . 


49,988,865 


44,196,572 


—5,792,293 


Marine losses paid, 


5,748,655 


4,314,714 


—433,941 


Fire losses incurred, 


51,652,748 


40,912,124 


—10,740,624 


Marine losses incurred, . 


6,328,489 


4,698,501 


—1,629,988 


Fire risks outstanding, . 


10,694,643,636 


10,570,078,225 


— 124,565,411 


Marine risks outstanding, 


167,494,542 


165,756,303 


—1,738,239 


Expenses, .... 


28,362,753 


27,392,315 


—970,438 


Cash dividends declared, 


4,711,617 


4,637,623 


—73,994 


* Seventy-five companies 


t 8 


eventy-fonr comps 


mies. 



INSURANCE COMMISSIONER. 



XXI 



Comparative Table E. 



United States Branches of Foreign Com- 
panies. 





1893* 


1894.t 


Increase or 
Decrease in 1894. 


Deposit capital, 


$7,927,285 


$7,300,000 


—627,285 


Assets in United States, 


55,250,462 


55,160,385 


—90,077 


Liabilities in United States, . 


37,943,826 


37,098,836 


—844,990 


Surplus, .... 


17,310,325 


18,061,549 


751,224 


Income, 


47,598,306 


46,521,963 


—1,076,343 


Expenditures, 


45,963,793 


41,002,095 


—4,961,698 


Fire risks written, 


5,257,046,812 


4,945,013,570 


—312,033,242 


Fire premiums received (net) , 


42,173,125 


41,114,393 


— 1,058,732 


Marine risks written, . 


920,618,593 


952,038,622 


31,420,029 


Marine premiums received 
(net), 


3,418,292 


3,423,123 


4,831 


Fire losses paid, . 


29,289,297 


25,156,390 


—4,132,907 


Marine losses paid, 


1,955,550 


1,672,491 


—283,059 


Fire losses incurred, 


30,124,352 


24,359,095 


—5,765,257 


Marine losses incurred, 


2,263,134 


1,630,343 


—632,791 


Fire risks outstanding, . 


5,774,707,656 


5,650,638,897 


—124,068,759 


Marine risks outstanding, 


50,584,528 


58,112,920 


7,528,392 


Expenses, .... 


14,678,956 


14,173,213 


—505,743 



* Thirty-three companies. 



f Thirty -two companies. 



XX11 



REPORT OF THE 



Aggregates of all the Companies. 





1803. 


1894. 


Increase or 
Decrease in 1894. 


Cash capital, .... 


$54,157,397 


$52,079,601 


— $2,077,796 


Assets (including contingent 
of mutual companies) , 


262,217,465 


266,607,117 


4,389,652 


Liabilities, .... 


129,751,622 


127,833,199 


—1,918,423 


Surplus, 


109,771,812 


113,422,374 


3,650,562 


Income, 


147,336,225 


144,870,107 


—2,466,118 


Expenditures, 


147,364,776 


133,281,087 


—14,083,689 


Fire risks written, . 


14,814,051,614 


14,067,951,563 


—746,100,051 


Fire premiums received (net), 


124,503,702 


123,318,056 


—1,185,646 


Marine risks written, . 


2,575,425,344 


2,398,229,832 


-177,195,512 


Marine premiums received 
(net), 


12,436,114 


11,561,571 


—874,543 


Fire losses paid, . 


83,442,932 


72,808,491 


—10,634,441 


Marine losses paid, 


9,030,002 


6,833,013 


—2,196,989 


Fire losses incurred, 


86,189,645 


65,814,614 


—20,375,031 


Marine losses incurred, . 


10,050,321 


10,204,461 


154,140 


Fire risks outstanding, . 


17,680,971,102 


17,444,939,581 


—236,031,521 


Marine risks outstanding, 


233,154,382 


238,048,166 


4,893,784 


Expenses, .... 


45,309,999 


43,814,914 


— 1,495,085 


Cash dividends declared, 

• 


5,030,833 


4,961,748 


—69,085 



INSURANCE COMMISSIONER. 



XX111 



Comparative Table F. — Massachusetts Business.* 





1893. 


1894. 


Increase or 
Decrease In 1894. 


Fire risks written, . 


$1,030,196,564 


$986,624,142 


—$43,572,422 


Fire premiums received, 


10,727,167 


10,518,365 


—208,802 


Fire losses paid, . 


8,032,697 


5,588,289 


—2,444,408 


Fire losses incurred, 


8,329,015 


5,182,490 


—3,146,525 


Marine risks written, 


242,991,628 


237,436,404 


—5,555,224 


Marine premiums received, . 


1,880,038 


1,670,982 


—209,056 


Marine losses paid, 


1,735,917 


1,115,948 


—619,969 


Marine losses incurred, . 


1,562,397 


1,021,640 


—540,757 



* For details of this business see Table XIII. 



Comparative Ratios of Table F. 





1893. 


1894. 


Increase 

or Decrease 

in 1894. 


Fire premiums received to risks written, . 


1.04 


1.07 


2.88 


Fire losses incurred to risks written, 


.81 


.53 


—34.57 


Fire losses incurred to premiums received, 


77.64 


49.27 


—36.54 


Marine premiums received to risks written, . 


.77 


.70 


-9.90 


Marine losses incurred to risks written, . 


.64 


.42 


—34.37 


Marine losses incurred to premiums received, . 


83.10 


61.17 


—26.38 



XXIV 



REPORT OF THE 



Table G-. — Fire Risks ivritten, Premiums received and Losses 

incurred in Massachusetts. 





Fire Risks Written. 


Premiums 
Received. 


Losses Incurred. 


Ratio 


OF — 


Year. 


Premiums 

Received to 

Risks Written. 


Losses 

Incurred to 

Risks Written. 


1873, . 


§858,393,129 


$10,358,024 


$5,184,364 


1.21 


.60 


1874, . 


655,056,069 


8,253,755 


3,676,063 


1.26 


.56 


1875, . 


597,478,409 


7,232,486 


3,221,943 


1.21 


.54 


1876, . 


528,211,058 


5,974,268 


2,738,180 


1.13 


.52 


1877, . 


585,928,271 


5,998,124 


2,572,185 


1.02 


.44 


1878, . 


558,019,711 


5,506,392 


2,438,121 


.99 


.44 


1879, . 


520,814,369 


5,026,482 


2,500,451 


.96 


.48 


1880, . 


609,132,542 


5,479,552 


3,055,273 


.90 


.50 


1881, . 


642,542,633 


5,845,354 


2,884,047 


.91 


.45 


1882, . 


686,030,272 


6,244,053 


4,915,949 


.91 


.72 


1883, . 


710,197,514 


6,896,367 


3,763,949 


.97 


.53 


1884, . 


655,613,160 


7,067,149 


3,865,956 


1.08 


.59 


1885, . 


661,380,951 


7,402,583 


3,132,235 


1.12 


.47 


1886, . 


694,473,662 


7,838,425 


3,369,294 


1.13 


.49 


1887, . 


765,304,046 


8,371,714 


3,136,774 


1.09 


.41 


1888, . 


832,038,483 


8,702,006 


4,444,322 , 


1.05 


.53 


1889, . 


825,962,689 


8,601,963 


9,284,464 


1.04 


1.12 


1890, . 


871,117,341 


9,039,865 


3,798,502 


1.04 


.44 


1891, . 


863,343,089 


8,719,803 


5,104,694 


1.01 


.59 


1892, . 


960,872,674 


10,006,986 


4,140,396 


1.04 


.43 


1893, . 


1,030,196,564 


10,727,167 


8,329,015 


1.04 


.81 


1894, . 


986,624,142 


10,518,365 


5,182,490 


1.07 


.53 


Totals, . 


$16,098,730,778 


§169,810,883 


§90,738,667 


1.05 


.56 



STATISTICAL TABLES. 



XXVI 



REPORT OF THE 



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INSURANCE COMMISSIONER. 



XXV11 



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Table XIII. — Massachusetts Business for 1894. 
Massachusetts Mutual Fire Companies. 



NAME OF COMPANY. 


Risks 


Premiums 


Contingent 


Losses 


Losses 




Written. 


Received. 


Assets. 


Paid. 


Incurred. 


Abington 


$2,761,934 i 


$39,698 


$39,698 


$28,254 


$20,038 


Annisquam, .... 


77,575 


- 


5,016 1 


- 


- 


Ark w right 


43,588,476 


338,983 


1,694,917 


14,035 


14,035 


Ashfield, 


6,149 


31 


211 


- 


- 


Atlas, 


4,043,409 


50,791 


152,873 , 


19,433 


9,533 


Attleborough. 


414,430 


2,428 


4,856 


4,001 


2,161 


Barnstable County, 


2,075,823 


35,784 


107,352 


8,777 


I 


Bay State 


1,801,174 


20,333 


60,999 


5,743 


6,682 


Berkshire, .... 


2,100.888 


28,419 


23,419 


8,517 i 


8,517 


Boston Manufacturers', 


48,743,038 


394,857 


1,974,287 


17,477 


17,477 


Bristol County, 


505,000 


3,323 


33,233 


2,578 


2,578 


Cambridge, .... 


4,483,194 


70,308 


70,308 


38,204 


28,568 


Citizens', 


5,948,106 


81,129 


81,129 


34,224 


35,109 


Cohasset, .... 


106,150 


1,624 


4,871 


74 


74 


Colonial 


1,536,711 


21,083 


63,250 


217 


217 


Commonwealth, 


3,249,384 


53,897 


161,691 


8,339 


10,839 


Cotton and Woolen, 


4,916,579 


43,338 


216,692 


581 


- 


Dedham, 


1,702,040 


24,238 


24,238 


7,382 


7,382 


Dorchester, .... 


29,715,115 


143,522 


143,522 


83,857 


76,032 


Eastern, 


1,297,006 


23,346 


70,039 


2,595 


7,595 


Essex, 


2,360,478 


29,928 


29,928 


15,526 


7,967 


Excelsior, .... 


428,743 


10,508 


31,524 


- 


- 


Fall River Manufacturers', . 


16,173,351 


133,161 


665,807 


6,943 


6.943 


Fitch burg, .... 


6,892,773 


111,057 


111,057 


61,032 


65,667 


Franklin 


917,752 


14,983 


14,983 


12,116 


10,354 


G-roveland, .... 


334,156 


_ 


23,735 


2,081 


2,081 


Hampshire, . . . 


796,148 


11,110 


11,110 


8,915 


8,915 


Hingham, .... 


4,874,110 


71,314 


71,314 


40,242 


41,042 


Holyoke, 


8,211,698 


125,369 


122,839 


65,736 


60,679 


Industrial, .... 


2,731,637 


24,092 


120,459 


1,419 


- 


Lowell 


1,760,433 


28,589 


28,589 


4,936 


4,936 


Lynn, 


466,473 


6,366 


12,732 


898 


383 


Melrose, 


995,245 


6,979 


20,936 


- 


- 


Merchants' and Farmers', 


5,012,285 


76,902 


76,902 


51,899 


45,477 


Merrimack 


6,841,416 


107,082 


107,082 


74,409 


66,005 


Middlesex 


9,787,200 


146,901 


146,901 


43,807 


38,285 


Milford, 


759,204 


10,203 


10,203 


3,178 


3,178 


Mutual Fire Assurance, 


946,650 


14,657 


14,657 


6,156 


4,774 


Mutual Protection Fire, 


422,405 


5,780 


5,780 


35 


35 


Newburyport, 


108,650 


1,415 


5,659 


1,695 


1,715 


New England, 


1,074,882 


15,314 


45,943 


274 


274 


Norfolk, 


4,731,353 


67,786 


67,786 


23,533 


23,533 


Old Colony 


1,724,321 


15,899 


47,697 


129 


182 


Paper Mill, .... 


2,690,747 


25,636 


128,181 


340 


340 


Patrons', 


199,429 


3,202 


9,606 


2,209 


2,209 


Quincy 


7,704,615 


112,432 


112,482 


53,713 


4S.527 


Rubber Manufacturers', 


3,228,015 


27,519 


137,594 


779 


- 


Salem 


1,163,870 


16,958 


16,958 


8,565 


8,565 


Salisbury and Amesbury, 


30,000 


250 


2,497 


156 


156 


Saugus 


1,050,500 


- 


128,756 


850 


1,000 


South Danvere, 


156,300 


3,384 


9,276 


407 


61 


Standard, . 


815.404 


10,416 


31,251 


88 


88 


Suffolk 


2,497,352 


41,347 


- 


7,922 


10,470 


Traders' and Mechanics', 


8,468,897 


130,800 


130,800 


52,204 


51,580 


Tremont, 


1,071,742 


15,269 


45,807 


2,854 


1,266 


Wachusett, . . . . 


1,883,325 


22,963 


68,904 


17,640 


18.S40 


"Western Massachusetts, 


- 


- 


- 


- 


- 


Westford, . . . . 


68,050 


594 


1,782 


- 


- 


West Newbury, 


285,779 


- 


17,209 


6,182 


6,332 


Wiuthrop, . . . . 


1,177,967 


17.21S 


51,655 


- 


- 


"Worcester Manufacturers', . 


15,582,869 


127,979 


639, S95 


7,955 


7,955 


Worcester Mutual, 


9,655,215 


138,654 


138,654 


43,613 


39,980 


Total 


$295,153,620 


$3,107,203 


$8,402,031 


$914,724 


$S46,00S 



INSURANCE COMMISSIONER. 



Ill 



Table XIII. — Massachusetts Business for 1894 — Continued. 
Massachusetts Mutual Fire-Marine Companies. 



NAME OF COMPANY. 



Risks 
Written. 



Premiums 
Received. 



Losses 
Paid. 



Losses 
Incurred. 



China, $12,391,938 | $192,675 '. $158,079 ! $118,374 

India, 369,534 4,459 

Totals $12,761,472 | $197,134 $158,079 ! $118,374 



Massachusetts Stock Companies. 
Fire Business. 



American 

Firemen's Fire,* . 
First National, 
Mercantile Fire and Marine, 
North American, . 



Springfield Fire and Marine, 
Totals, • . ... 



$4,860,965 
9,653,110 
4,164,424 
4,718,860 

12,274,349 

14,883,463 



$42,502 
87,455 
51,740 
40,562 

110,047 

164,184 



$50,555,171 , $496,490 



$37,259 
54,468 
48,144 
22,518 
81,455 

138,968 



$382,812 



$32,197 
47,168 
32,765 
19,311 

74,793 

109,723 



$315,957 



Including the business of the Massachusetts Mutual Fire Insurance Company. 



Marine Business. 



American, 

Boston Marine, 
Equitable Marine, 
Mercantile.Fire and Marine, 

Wellfleet, . 

Totals, . . . . 



$5,500 

30,002,076 

609,311 

680,000 

1,750 



$31,298,637 



$460 

595,686 

34,487 

4,886 

134 



$635,653 



$422 

461,413 

13,749 

425 

23,965 

$499,975 



$422 

425,645 

19,647 

426 

12,695 



$458,835 



liv 



REPORT OF THE 



Table XIII. — Massachusetts Business for 1894 — Continued. 

Companies of Other States. 

Fire Business. 



NAME OF COMPANY. 



Risk* 
Written. 



Premiums 
Received. 



Losses 
Paid. 



Losses 
Incurred. 



uEtna, 

Agricultural, 
Albany, . 

American (Newark), 
American Central, 



American Fire (New York), 
American Fire (Philadelphia), 
Buffalo German, . 

Capital Fire 

Citizens' (New York), 



Citizens' (St. Louis), 
Commerce, . 
Commonwealth, . 
Concordia, 
Connecticut Fire, . 



Continental, . 
Delaware, . 
Detroit Fire and Marine, 
Equitable Fire and Marine, 
Farragut 



Fire Association of Philadelphia, 
Fire Insurance Co., County of Phila, 
Fireman's Fund, . 
Firemen's (Newark), . 
Franklin Fire, 



German- American, 
Germania Fire, 
Girard Fire and Marine, 
Glen's Falls, . 
Globe Fire, . 



Granite State, 
Greenwich, . 
Hanover Fire, 
Hartford Fire, 
Home, . 



Insurance Co. of North America, 
Insurance Co., 8tate of Pennsylvania 
Lumbermen's, 
Mechanics', . 
Merchants' (Newark), . 

Merchants' (Providence), 
Michigan Fire and Marine, 
Middlesex Mutual, 
Milwaukee Mechanics', 
Mutual Fire, . 



National, 

Newark Fire, 

New Hampshire Fire, 

New York Fire, . 

Niagara, 



Northwestern National, 
Orient, .... 
Pacific Fire, . 
Pennsylvania Fire, 
Phenix (New York), . 

Phcenix (Hartford), 
Providence Washington, 



$23,925,601 

7,919,600 

1,261,765 

2,923,693 

489,125 

9,361,521 
7,370,111 
2,023,478 
3,167,812 
2,688,433 

486,320 
1,102,480 
2,24S,921 

615,383 
9,299,646 

12,083,175 

3,962,969 

896,706 

3,992,339 

287,268 

10,479,201 

912,792 

7,539,311 

3,463,737 

2,355,318 

15,027,925 

2,898,806 

1,837,300 

3,469,196 

96S.946 

S, 660, 599 

4,174,947 

8,087,125 

14,368,744 

2,748 

15,792,320 

2,160,576 

--'.367 

1,752,890 

8,763,974 

3,970,954 
240,245 
N36.449 
511,181 

3,496,909 

15,446,510 

1,165,057 

17,026,868 

787,566 
8,522,953 

1,709.436 
S.0S3.139 
2,825.224 

8,S55,402 
18,216,223 

11,2S8,388 
S,435,638 



$251,229 

66.S86 

16,731 

26,551 

4,599 

118,131 
86,607 
20,708 
45,875 
27,676 

6,255 
13,835 
15,091 

6,504 

114,356 

137,822 

43,537 

8,544 

42,453 
4,325 

142,377 
11,926 
86,152 
35,733 
24,918 

135,967 

19,104 

33,262 

9,104 

95,415 

39,112 

107,190 

168,383 

299,773 

212,157 
28,926 
10,604 
16,905 
76,195 

40,377 
4,668 
8,101 
3,882 

41,456 

159,533 

14,725 

179,642 

4,561 

107,545 

19,604 | 

SO, 542 

25,330 

126,760 

184,857 

134.S6S 
85,312 



$162,212 
27,168 

19,456 
1,771 

66,728 
62,688 
14,653 
26,676 
15,747 

1,691 

11,572 

3,095 

3,059 

73,485 

110,118 

32,323 

9,541 

27,413 

4,968 

5 >,:/.» 5 
7,339 
53,316 
17,396 
19,236 

73,771 

17,982 

9,444 

13,356 



45,372 
19,832 

72,537 
220,603 

135,559 

19,436 

5,377 

6,552 
36,141 

31,135 

5,255 
7,736 
1,451 
4,245 

84,351 

10,632 

117,813 

599 
91,143 

10,106 
53,724 
19.S75 
S5.104 
92,700 

64,900 

47,329 



$149,964 

29,106 
10,478 

17.796 
1.771 

66,003 
66,152 

15,20- 

14,-4'.' 

594 
9.346 
6,093 
3,573 

74,415 

I 

9,259 

25,274 

4,968 

80.9S8 
7.960 
51,965 
16,410 
18,882 

88,848 

19,060 
6,804 

12.739 



37,739 
16,831 
45,660 
76,030 
232,503 

121.733 
17,271 

36,522 

21,114 
5,219 

_ " - 

11,451 

106,024 

3,099 

73,931 

7,905 
56,401 
19,260 
88,538 
93,596 

64,981 
44,150 



INSURANCE COMMISSIONER. 



lv 



Table XIII. — Massachusetts Business for 1894 — Continued. 

Companies of Other States. 

Fire Business — Concluded. 



name of company. 



Risks 
Written. 



Premiums 
Received. 



Losses 
Paid. 



Losses 
Incurred. 



Queen of America, 
Reading Fire, 
Reliance, 



Rochester German, 

Rutgers, 

Security, 

Spring Garden, . 

St. Paul Fire and Marine, 



Union, . 
United Firemen's, 
United States Fire, 
"Westchester Fire, 
Western, 



Williamsburgh City, . 
Totals, . 



$11,620,936 
3,077,215 
2,636,257 

3,157,512 
887,895 
2,345,632 
5,794,657 
3,842,521 

2,787,135 
1,823,338 
3,022,636 
7,703,260 
746,704 

2,434,774 



$125,773 
34,840 
25,483 

44,743 
9,078 
25,128 
52,440 
36,590 

26,255 
24,647 
27,720 
89,829 
9,218 

23,907 



$421,113,782 



$4,417,461 



$85,564 
19,021 i 
18,404 

25,403 

3,056 

9,348 

33,947 

23,058 

14,827 
15,822 
15,695 
48,712 
6,023 

11,111 



579,403 
19,220 
19,691 

20,039 

2,553 

8,513 

29,795 

25,261 

14,368 
16,009 
13,197 
42,403 
7,017 

12,926 



$2,655,099 ' $2,540,177 



Marine Business. 



Atlantic Mutual 

Delaware 

Insurance Company of North America, 
Providence Washington, 
St. Paul Fire and Marine, . 

United States Lloyds, .... 

Totals 



$17,437,831 

15,877,278 

22,515,543 

6,424,268 

461,402 

4,571,920 



$67,288,242 



$110,994 

64,247 

120,924 

47,150 

22,611 

16,905 

$382,831 



$60,132 
78,835 
47,490 
22,437 
30,901 



$60,718 
39,987 
47,500 
19,915 
34,634 

3,003 

$205,757 



United States Branches, Foreign Companies. 
Fire Business. 



Atlas Assurance, . 
British America, . 
Caledonian, . 
Commercial Union, 
Hamburg- Bremen, 



Imperial, .... 

Lancashire 

Lion Fire, .... 
Liverpool and London and Globe, 
London Assurance, 

London and Lancashire, 
Manchester Fire Assurance, 
National of Ireland,* . 
North British and Mercantile, 
Northern Assurance, . 



Norwich Union, . 
Palatine, 

Peoeuix Assurance, 
Prussian National, 
Royal, . 



$5,394,463 
3,435,826 
4,832,133 

14,022,102 
1,263,318 

11,935,351 
7,523,592 
1,975,875 

32,538,879 
5,037,399 

7,931,220 
8,390,790 

12,744,059 
8,739,761 

9,277,576 

11,659,810 

7,401,958 

1,042,426 

31,523,622 



$61,705 
42,523 
66,907 

181,955 
11,088 

138,382 
88,593 
22,803 

352,734 
57,920 

86,360 
101,394 

128,509 
109,196 

102,668 

131,196 

90,-)47 

12,530 

404,898 



$22,740 
24,222 
44,066 

128,826 
3,301 

192,243 

46,225 

9,738 

184,506 
36,229 

62,832 
73,876 

85,222 
50,954 

65,099 

58,655 

51,464 

4,371 

295,372 



$25,085 
24,746 
38,288 

122,572 
2,051 

103,321 

37,765 

8,857 

181,127 
39,129 

63,029 
68,143 

86,325 
46,945 

56,280 

51,856 

49,011 

5,415 

297,669 



* No business transacted in Massachusetts. 



lvi 



REPORT OF THE 



Table XIII. — Massachusetts Business for 1894 — Concluded. 

United States Branches, Foreign Companies. 

Fire Business — Concluded. 



NAME of company. 


Risks 
Written. 


Premiums 
Received. 


Losses 
Paid. 


Lo - - 

Incurred. 


Royal Exchange, 

Scottish Union and National, 

Sun, 

Union Society, 

Western Assurance, 


$470,180 
8,975,542 
15,361,580 
2,581,592 
5,742,513 


$3,440 
93,103 
123,044 
24,285 
61,431 


$0 22 

41,843 

124,299 

247 

29,004 


.300 
96.922 

217 


Totals 


$219,801,567 


$2,497,211 


$1,635,356 


$1,481,348 



Marine Business. 



British and Foreign Marine, 
London Assurance, 

Mannheim 

Marine of London, 
Reliance Marine, . 

Thnmes and Mersey Marine, 
Union Marine, 
Western Assurance, 

Totals, ... 



$85,032,089 

5,616,742 

2,592,549 

29,808,950 

1,164,175 

1,329,583 
131,515 
412,450 



$371,544 
15,138 
10,837 
29,868 
11,321 

6,451 
1,454 

S.751 



$175,660 

5,650 

1,514 

17,221 

1,648 

434 
730 



$195,937 

7,135 

- I 

17,221 
1,015 

434 

11.698 



$126,088,053 $455,364 $215,077 



Recapitulation. 
Fire Business. 



Massachusetts Mutual Fire Companies, 
Massachusetts Joint-Stock Companies, 
Companies of Other States, 
United States Branches, 



Totals, 



$295,153,622 

50,555,171 

421,113,732 

219,801,567 



$986,624,142 



$3,107,203 

496,490 

4.417,461 

2,497,211 



$915,024 

382,812 

2,655,099 

1,635,354 



$84 
31: 
2,539,177 

1,481 



$10,518,365 $5,58S,289 $5,182,490 



Marine Business. 



Massachusetts Mutual Marine Companies, 
Massachusetts Joint-Stock Companies, 
Companies of Other States, 
United States Branches, .... 

Totals, 



$12,761,472 
31,298,637 
67,283,242 

126,088,053 



$237,436,404 



$197,134 
635,653 
382,831 
455,364 



$1,670,982 



$158,079 
499,975 
242.317 
215,077 



$11>.374 



$1,115,948 $1,021,640 



INSURANCE COMMISSIONER. 



Ivn 



Table XIV. — Statement of the Receipts and Expenditures of the 
Insurance Department for the Year ending Dec. 5i, 1894. 





[Made pursuant to Chap. 214, Sect. 17, Acts of 1S87.] 




Receipts. 




Compensation for valuation of life insurance policies, . 


$28,782 25 


License fees, filing statements, certificates, etc., . 


39,582 00 




$68,364 25 


Expenditures. 


Commissioner. 










$3,500 00 


Deputy Commissioner. 






William S. Smith, Salary to Aug. 30 (Resigned), 


fl,GGC 6G 




Frederick L. Cutting, from September 1, . 


833 34 


2,500 00 






Clerks. 






Frederick L. Gutting, First, to Aug. 30 (Pro- 








$1,333 33 




Henry M. Billings, First, from Sept. 1, 


1,666 67 




Arthur E. Linnell, Second, from Sept. 1, . 


1,300 00 




Wm, 0. Richardson, Third, from Sept. 15, . 


353 33 


4,653 33 






Extra Clerks. 






E. W. Cushman, . 




$1,500 00 




A. M. Hawes, 














1,200 00 




C. E. Weis, . 














1,000 00 




M. E. Burrill, 














1,000 00 




E. L. Johnson, 














1,000 00 




S. E. Flint, . 














1,000 00 




F. M. Page, . 














1,000 00 




F. M. Robbins, 














1,000 00 




M. F. Whipple, 














920 00 




M. L. McMann, 














840 00 




F. E. Gowell, 














810 00 




G. L. Moore, 














840 00 




L. H. Young, 














840 00 




G. C. Studley, 














840 00 




G. M. Hall, . 














800 00 




C. L. Sawyer, 














770 00 




V. I. Bryant, 














600 00 




I. Lillian Baker, 














60 00 




L. E. Brickett, 














50 00 




Geo. H. Manks, 














16 93 








16,116 93 






Amount earn 


edfo 


rwar 


d, 








$26,770 26 



lviii 



REPORT OF THE INSURANCE COMMISSIONER. 



Table XIV. — Statement of the Receipts, etc. — Concluded. 







$26,770 2G 


G eneral Expenses. 
Printing and binding, .... 
Travelling- expenses, .... 

Postage, . ... 

Stationery, 

Telegrams and express, 
Books, newspapers, ete., 
Stenographic work, etc., 






f 2,058 43 
174 21 
2 00 
273 28 
152 87 
90 50 
189 00 


3,319 79 






Total expenditures for 1894, 
Fees collected and paid into State Treasury, 


$30,090 05 
68,364 25 


Surplus accrued to Commonwealth, . 






$38,274 20 



MASSACHUSETTS MUTUAL 

FIRE INSURANCE COMPANIES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements for the Year Ending 

December 31, 1894. 



ABINGTON MUTUAL FIRE INSURANCE CO. 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



ABINGTON MUTUAL FIRE INSURANCE COMPANY, 

ABINGTON. 



[Incorporated May 30, 1856. Commenced business June 15, 1857.] 
HEXRY B. PEIRCE, President. CARLOS P. FAUNCE, Secretary. 



Amount of permanent fund, . 



$41,728 54 



Detailed Statement of Stocks, Bonds, etc. 



N. E. Telephone and Telegraph Co. bonds, 

Boston United Gas Co. bonds, . 

Marion County (Ind.) bonds, . 

Ramsey County (Minn.) bonds, 

Equitable Mortgage Co. debenture bonds 

Toledo (Ohio) city bonds, 

Lincoln (Neb.) city bonds, 

St. Paul (Minn.) city bonds, 

Chicago, Burlington & Quincy R.R. bonds, 

Portland & Ogdensburg R.R. bonds, 

Naumkeag Street Railway bonds, . 

East Middlesex Street Railway bonds, 

Trenton Passenger Railway bonds, . 

20 shares Oregon Railway & Navigation Co., 

10 ■ 

10 ' 

34 

5 ' 
20 
13 ' 

5 ' 
14 
21 



State National Bank, Boston, . 
Nat'l Hide & Leather Bank, Boston , 
Metropolitan National Bank, Boston, 
Old Boston National Bank, Boston, 
South End National Bank, Boston, . 
Abington National Bank, Abington, 
Whitman National Bank, Whitman, 
First National Bank, Salem, 
First National Bank, Danvers, . 



Par Value. 


Market Value. 


$1,000 00 


fl,050 00 


2,000 00 


1,620 00 


1,000 00 


1,105 00 


3,000 00 


3,327 50 


1,000 00 


900 00 


1,000 00 


1,155 00 


2,000 00 


00 


1,000 00 


1,210 00 


2,500 00 


2,637 50 


5,000 00 


00 


3,000 00 


3,030 00 


1,000 00 


1,000 00 


2,000 00 


2.245 00 


2,000 00 


500 00 


1,000 00 


1,160 00 


1,000 00 


1,090 00 


3,400 00 


3,298 00 


500 00 


526 25 


2,000 00 


1,700 00 


1,300 00 


1,820 00 


500 00 


510 00 


1,400 00 


1,540 00 


1,575 00 


1,680 00 



Securities held as collateral for cash loaned : — 



Rockland & Abington Street Railway, 



$40,175 00 $40,604 25 



Market Value. Loaned Thereon 
$500 00 $300 00 



ABINGTON MUTUAL FIRE INSURANCE CO. 



Summary of Assets Dec 


«. 31, 1894. 




Cash value of unencumbered real estate, 


81,020 00 




Loans on mortgage of real estate (first liens*) 


33,850 00 




Interest due or accrued thereon, 


574 66 




Stocks, bonds, etc., as per schedule, 


40,604 25 




Loans on collateral security, as per schedule, 


300 00 




All other cash loans, .... 


578 00 




Cash in the office of the company, . 


293 65 




Cash deposited in bank, .... 


314 44 




Interest due and accrued, .... 


583 33 




Premiums in course of collection (gross), 


2,440 52 




Balance due on real estate sold, 


3,945 69 




Gross assets, 




$84,504 54 




Liabilities. 






Losses adjusted, unpaid, .... 


$984 14 




Unearned premiums on outstanding risks, 


62,191 03 




Surplus due on terminated policies, 


1,043 50 




Due and accrued for rent, salaries, etc., . 


515 25 




Commissions, brokerage, etc., . 


476 88 




Gross liabilities, 




65,210 80 


. 


Net cash assets, 


$19,293 74 


Income. 






Premiums outstanding Dec. 31, 1893, 


$2,270 91 




Premiums on risks written or renewed, . 


43,867 49 




Total, 


$46,138 40 




Premiums now in course of collection, . 


2,440 52 




Entire premiums collected, 


$43,697 88 




Less reinsurance and return premiums, . 


2,972 49 




Net cash premiums received, . 




$40,725 39 




Received for extra premiums, . 


. . . 


640 48 


Interest received on mortgages, 


• • • 


2,040 00 


Interest and dividends received from all othei 


sources, . 


2,531 61 


Income from rents, 


■ . . . 


218 50 


Income from all other sources, 


... 


317 22 


Gross cash income, . 


$46,473 20 


Expenditures. 






Cash paid for losses, .... 


$29,733 51 




Deduct salvage and reinsurance, 


711 86 




Net cash paid for losses, .... 




$29,021 65 










47,433 00 


Amount of insurance held as collateral, 


62,250 00 



ANNISQUAM MUTUAL FIRE INSURANCE CO. 



Cash paid as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for incidental expenses, . 



$17,169 14 

6,536 67 

3,409 32 

589 04 

682 25 

1,419 85 



Gross cash expenditures, 158,827 92 

Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $8,644,182 00 $129,876 81 $129,876 81 

Risks written during 1894, . 3,063,925 00 43,867 49 43,867 49 



Total, .... $11,708,107 00 $173,744 30 |173,744 30 
Risks terminated during 1894, . 3,263,727 00 47,053 42 47,053 42 



In force at end of year, . . $8,444,380 00 $126,690 88 $126,690 88 
Deduct amount reinsured, . 171,875 00 2,308 81 2,308 81 



Net amount in force, . $8,272,505 00 $124,382 07 $124,382 07 

Miscellaneous. 

Losses incurred during the year, $20,560 57 

Percentage of profits or surplus returned during 1894, 25, 40, 60 per cent 



ANN1SQUAM MUTUAL FIRE INSURANCE COMPANY. 

GLOUCESTER. 

[Incorporated March 1, 1847. Commenced business Dec. 28, 1847.] 

MOSES H. CLOUOH, President. JAMES S. JEWETT, Secretary. 

[Note. — This company charges a cash premium adequate for expenses only, and relies upon 
assessments on deposit notes to pay losses.] 

Amount of permanent fund Dec. 31, 1893, .... $391 31 

Increase during the year, 46 20 

Permanent fund Dec. 31, 1894, $437 51 

Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first 

liens*) $3,125 00 

* Total value of property mortgaged, $8,100 00 

Amount of insurance held as collateral, .... 4,600 00 



ARKWRIGHT MUTUAL FIRE INSURANCE CO. 



Interest due or accrued thereon, 




$49 69 


United States bonds, . 




565 00 


Cash in the office of the company, 




104 26 


Cash deposited in bank, . 




4,420 32 


Interest due and accrued, . 




5 00 


Office safe, .... 


, $85 00 




Gross assets, . 


. 






Liabilities. 

Return assessments on cancelled policies, 
Gross liabilities, 



$196 68 



Income. 

Cash received from assessments, . . , 

Interest received on mortgages, ..... 
Interest and dividends received from all other sources, . 



Gross cash income, 



Expenditures. 

Cash paid for salaries of officers and employees, 
for State and local taxes, 
for rents, postage, etc., . 

Gross cash expenditures, .... 

Risks and Premiums. 

Risks outstanding Dec. 31, 1893, 
Risks written during 1894, 



Total 

Deduct risks expired and terminated, 

In force at end of year, 



Amount. 

$343,155 
77,575 

$420,730 
82,325 



5,269 27 



$196 68 



$316 63 

169 24 

20 00 

$505 87 



$350 00 

2 13 

29 87 

$382 00 



Conting't Prem's. 

$20,902 95 
5,016 50 



$25,919 45 
5,423 50 



$338,405 $20,495 95 



ARKWRIGHT MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 

[Incorporated Feb. 8, 1860. Commenced business Oct. 1, I860.] 
R. W. TOPPAN, President. D. W. BARTLETT, Secretary. 

Office, No. 31 Milk Street. 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

United States bonds, $25,000 00 

Cambridge city bonds, 



Boston city bonds, 
Providence city bonds, 
Waltham city bonds, 



15,000 00 
20,000 00 
45,000 00 
10,000 00 



Market Value. 

$ 28,250 00 
15,900 00 
23,400 00 
49,850 00 
10,400 00 



ARK WRIGHT MUTUAL FIRE INSURANCE CO. 



Lowell city bonds, . 
Springfield city bonds, 
Worcester city bonds, 
Town of Brookline bonds, 
Boston & Albany Railroad bonds, 
Fitchburg Railroad bonds, 
Eastern Railroad bonds, . 
Old Colony Railroad bonds, 
Boston & Lowell Railroad bonds, 
Chicago, Burlington & Quincy R.R. bonds, 
Boston & Maine Railroad bonds, 
Philadelphia, Wilm. & Baltimore R.R. bonds 
New York, Providence $; Boston R.R. bonds, 
Boston & Providence Railroad bonds, 
Lake Shore & Michigan Southern R.R. bonds 
Pennsylvania Company, .... 
Chicago June R.R. & Union St'k Y'ds bonds 
50 shares Chicago, Burlington & Quincy R.R 



Summary of Assets Dec 

Stocks, bonds, etc., as per schedule, 
Cash in the office of the company; . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
State and local taxes, 
Gross liabilities, 



Par Value. 

$20,000 00 
20,000 00 
25,000 00 
10,000 00 

3,000 00 
10,000 00 
35,000 00 
47,000 00 
61,000 00 
85,000 00 
20,000 00 
20,000 00 
10,000 00 
20,000 00 
30,000 00 
30,000 00 
25,000 00 

5,000 00 



Market Value. 

$21,400 00 
20,400 00 
24,750 00 
10,000 00 

3,030 00 
10,000 00 
42,000 00 
49,280 00 
62,650 00 
90,600 00 
20,600 00 
21,600 00 
10,000 00 
21,200 00 
36,900 00 
33,000 00 
26,250 00 

8,5 00 



$591,000 00 $634,960 00 

31, 1891. 

$634,960 00 

442 09 

159,455 13 

7,750 82 

1,969 70 

6804.577 74 



Net cash assets, 



Income. 

Premiums outstanding Dec. 31, 1893, . . $2,056 40 

Premiums on risks written or renewed, . . 785,4S6 18 

Total, $787,542 58 

Premiums now in course of collection, . . 1,969 70 

Entire premiums collected, .... $785,572 88 

Less reinsurance and return premiums, . . 26,130 58 

Xet cash premiums received, .... 

Interest and dividends received from all sources, . 



$1,346 37 

379,442 33 

1,243 50 



882,032 20 



$422,545 54 



$759,442 30 
28,246 16 



Gross cash income, £787,688 46 



ASHFIELD MUTUAL FIRE INSURANCE CO. 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for inspections, .... 
for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1893, $91,132,217 00 
Risks written during 1894, . 97,710,196 00 



$55,491 40 

587,216 91 

21,113 99 

7,566 76 

1,090 80 

13,669 80 

5,711 74 



$691,861 40 



Cash Prem's. Conting't Prem's . 

$738,770 65 $3,693,853 25 
785,486 18 3,927,430 90 



Total, .... $188,842,413 00 
Risks terminated during 1894, . 94,437,831 00 



.,524,256 83 $7,621,284 15 
765,372 18 3,826,860 90 



In force at end of year, . . $94,404,582 00 $758,884 65 $3,794,423 25 



Miscellaneous. 
Losses incurred during the year, 
Percentage of profits or surplus returned during 



$56,837 77 
1894, 79 T 4 j 3 o per cent. 



ASHFIELD MUTUAL FIRE INSURANCE COMPANY, 

ASHFIELD. 

[Incorporated June 4, 1873. Commenced business July 19, 1873.] 

CHARLES HOWES, President. HENRY S. RANNET, Secretary. 

[Note. — This company insures property in the town of Ashfield only.] 



Summary of Assets Dec. 31, 1894. 
Loans on personal security, .... $9 14 

Cash deposited in bank, 971 49 



Gross assets, 



Income. 

Net cash premiums received, .... 
Interest and dividends received from all sources, 



Gross cash income, 



Expenditures. 



Cash paid for incidentals, . 

Gross cash expenditures, . 



$980 63 

$30 75 
36 32 

$67 07 

$0 54 
$0 54 



8 



ATLAS MUTUAL FIRE INSURANCE CO. 



Risks and Premiums. 



Risks outstanding Dec. 31, 1893, 
Risks written during 1894, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



Amount. Conting't Prems. 

$47,426 00 f 1,464 03 
6,149 00 211 48 



$53,575 00 
4,087 00 



$1,67 
149 63 



$49,488 00 $1,525 88 



ATLAS MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 



[Incorporated February, 1892. Commenced business June 15, 1892.] 
JOHN A. PRAY, President. ARTHUR F. JONES, Secretary. 

Office, 2 Mason Building. 



Detailed Statement of Stocks, Bonds, etc. 



Fitchburo; Railroad bonds, 

Eastern Railroad bonds, .... 

Boston city bonds, 

St. Johnsbury & Lake Champlain Railroad, 
Boston & Albany Railroad bonds, 



Par Value. 

$20,000 00 

5,000 00 

5,000 00 

10,000 00 

5,000 00 



Summary of Assets Dec. 31, 1894. 



Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in banks, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 



$50,450 00 

1,677 09 

43,422 76 

483 34 

78,476 45 



Market Value 

$21,475 00 

6,100 00 

5,837 50 

11,675 00 

5,362 50 



$45,000 00 $50,450 00 



Gross assets, 



$174,509 64 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, 



$19,868 39 

150,192 16 

1,693 00 

581 94 



172,335 49 



Net cash assets, 



$2,174 15 



ATTLEBOROUGH MUTUAL FIRE INSURANCE CO. 



Income. 
Premiums outstanding Dec. 31, 1894, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Interest and dividends from all sources, . 



Gross cash income, 



Expenditures. 
Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, .... 
Cash paid for commissions and brokerage, 
Cash paid for State and local taxes, . 

Gross cash expenditures, . 

Risks and Premiums. 

Amount. , 

Risks outstanding Dec. 31, 1893, $27,395,939 00 
Risks written during 1894, . 29,083,877 00 



$94,899 89 
353,749 63 

$448,649 52 
78,476 45 



$370,173 07 
110,467 87 



$220,526 90 
1,606 14 



Cash Prem's. 

$333,723 35 
353,749 63 



$259,705 20 
2,328 65 



$262,033 85 



Total, 



. $56,479,816 00 



Risks terminated during 1894, . 34,500,247 00 



In force at end of year, . 
Deduct amount reinsured, 



. $21,979,569 00 
71,000 00 



$687,472 98 
385,924 77 

$301,548 21 
1,163 88 



$218,920 76 

50,866 67 

2,836 60 

$272,624 03 



Conting't Prem's. 

$1,001,170 05 
1,061,248 89 

$2,062,418 94 
1,157,774 31 



$904,644 63 
3,491 64 



Net amount in force, . $21,908,569 00 $300,384 33 $901,152 99 



Miscellaneous. 
Losses incurred during the year, 



$157,690 29 



ATTLEBOROUGH MUTUAL FIRE INSURANCE COMPANY, 

ATTLEBOROUGH. 

[Incorporated Feb. 24, 1844. Commenced business July, 1845.] 
EVERETT S. CAPRON, President. ELIJAH R. READ, Secretary. 

Amount of permanent fund, $16,550 59 

Summary of Assets Dec. 31, 1894. 
Cash value of unencumbered real estate, . $2,000 00 

Loans on mortgage of real estate (first liens*) , 14,192 00 

* Value of lands mortgaged $12,500 00 

Value of buildings thereon , 19,200 00 

Amount of insurance held as collateral, 12,350 00 



10 



ATTLEBOROUGH MUTUAL FIRE INSURANCE CO. 



Interest due or accrued thereon, 
Attleborough town loan, .... 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$259 67 




6,000 00 




4,125 86 




57 49 




37 66 







$26,672 68 



Liabilities. 

Unearned premiums on outstanding risks, 

Gross liabilities, 

Net cash assets, 

Income. 

Premiums on risks written or renewed, . 
Premiums now in course of collection, . 

Entire premiums collected, .... 

Less reinsurance and return premiums, . 

Xet cash premiums received, .... 

Received for extra premiums, . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, 

Income from rents, $90.00; policy fees, $63.00, 

Gross cash income, 



$5,714 12 





U,t At Li. 




$20,958 56 


|2,427 91 




57 49 




$2,370 42 




68 94 






$2,301 48 




. 


13 55 


• . . 


724 60 


rces, . 


502 49 


. 


153 00 



$3,695 12 



Expenditures. 

Cash paid for losses, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$4,001 


10 


S 00 


23 


88 


44 83 



$4,472 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1893, $1,989,231 00 
Risks written during 1894, . 414,430 00 



Total, .... 32,403,661 00 

Risks terminated during 1894, . 349,685 DO 



Cash Prem's. Conting't Prem's. 

$10,869 30 $31,738 60 

2,427 91 



In force at end of year, 



$13,297 21 $26,594 42 
2,161 79 4,323 o8 



. §2,053,976 00 §11,135 42 $22,27 



Miscellaneous. 
Losses incurred during the year, 



$2,161 10 



BARNSTABLE COUNTY MUTUAL FIRE INSURANCE CO. 



11 



BARNSTABLE COUNTY MUTUAL FIRE INSURANCE COMPANY, 

YARMOUTHPORT. 

[Incorporated March 2, 1833. Commenced business Aug. 1, 1833. 
SIMEON ATWOOD, President. FRANK THACHER, Secretary. 



Amount of permanent fund, 



$57,365 80 



Detailed Statement of Stocks, 

13 shares Winthrop National Bank, Boston, 

20 " State National Bank, Boston, . 

25 " Tremont National Bank, Boston, 

10 " Massachusetts Nat'l Bank, Boston, 
8 " Shawmut National Bank, Boston, 
5 " Nat'i Bank of the Republic, Boston 

15 " Nat'l Bank of Redemption, Boston, 

30 " First National Bank, Yarmouth, 

10 " First National Bank, Hyannis, 

10 " Falmouth National Bank, . 

50 " Massachusetts Real Estate Co 

30 " Northern Investment Co 

63 " Old Colony Railroad, 

49 " Union Pacific Railroad, 
8 " Central Pacific Railroad, 

National Tube Works Co. stock, 

Fall River city bonds, 

Union Pacific Railroad bonds, . 

Old Colony Railroad bonds, 

Boston & Maine Railroad bonds, 

Fitchburg Railroad bonds, 

Iowa Falls & Sioux City Railroad bonds 

Chicago & E. Illinois Railroad bonds, 

Oregon Short Line R.R. stock and bonds 

Illinois Steel Company bonds, . 

Western farm mortgage bonds, 



Bonds, etc. 

Par Value. 

$1,300 00 

2,000 00 

2,500 00 

1,000 00 

800 CO 

500 00 

1,500 00 

3,000 00 

1,000 00 

1,000 00 

5,000 00 

3,000 00 

6,300 00 

4,900 00 

650 00 

9,900 00 

1,000 00 

9,000 00 

5,000 00 

3,000 00 

1,000 00 

2,000 00 

2,500 00 

2,000 00 

1,000 00 

1,200 00 



Market Value. 

$1,625 00 

2,310 00 

2,125 00 

890 00 

944 00 

795 00 

1,882 50 

3,900 00 

1,000 00 

1,000 00 

5,000 00 

3,000 00 

11,324 25 

562 50 

140 00 

6,712 50 

1,180 00 

9,450 00 

5,275 00 

3,120 00 

1,042 50 

2,580 00 

2,975 00 

1,363 75 

865 00 

1,200 00 



$72,050 00 $72,262 00 



Summary of Assets Dec 31, 1894. 
Cash value of unencumbered real estate, . . ^2,000 00 

Loans on mortgage of real estate (first liens*), 700 00 

Stocks, bonds, etc., as per schedule, . . . 72,262 00 

* Value of lands mortgaged, $100 00 

Value of buildings thereon, 900 00 

Amount of insurance held as collateral, 700 00 



12 



BARNSTABLE COUNTY MUTUAL FIRE INSURANCE CO. 



Loans on personal security, 
Cash in the office of the company, 
Cash deposited in bank, . 
Gross assets, 



$1,773 10 
1,774 67 
8,096 58 



$86,606 35 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, .... 



Net cash assets, 



$550 00 

61,122 09 

67 60 



61,739 69 



$24,866 66 



Income. 

Cash premiums received, 

Received for extra premiums, 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 



Gross cash income, 



$35,783 


66 


1,074 


79 


42 


00 


2,935 


75 


$39,836 20 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 

for salaries of officers and employees, 

for State and local taxes, 

for rents and incidentals, 
Profit and loss account, 

Gross cash expenditures, .... 



$8,776 85 


25,580 97 


6,041 25 


344 00 


519 36 


4,302 50 


$45,564 93 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 30, 1893, $7,050,883 00 $118,427 92 $355,283 76 

Risks written during 1894, . 2,075,823 00 35,783 66 107,350 98 



Total, $9,126,706 00 $154,211 58 $462,634 74 

Risks terminated during 1894, . 1,931,850 00 31,967 40 95,902 20 



In force at end of year, 



. $7,194,856 00 $122,244 18 $366,732 54 



Miscellaneous. 

Losses incurred during the year, $9,326 85 

Percentage of profits or surplus returned during 1894, . . 80 per cent. 



BAY STATE MUTUAL FIRE INSURANCE CO. 



13 



BAY STATE MUTUAL FIRE INSURANCE COMPANY, GARDNER. 

[Incorporated May 15, 1893. Commenced business Sept. 1, 1893.] 
LOUIS A. GREENWOOD, President. RALPH W. BLACK, Secretary. 

Summary of Assets Dec. 31, 1894. 



Cash in the office of the company, . , 

Cash deposited in bank, .... 

Premiums in course of collection (gross), 

Gross assets, 

Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 

Reinsurance, 

Gross liabilities, .... 

Balance against company, . 

Income 

Premiums outstanding Dec. 31, 1894, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash premiums received, . 
Interest received, .... 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employ 

for taxes, 

for rents, 

for incidentals, 



Gross cash expenditures, 



$1,530 10 
20,575 28 
15,338 99 



$13,634 20 
1,637 00 
400 .00 
34,671 21 * 

130 00 
3,788 03 
5,275 46 



$5,265 09 
113,968 01 

$119,233 10 
15,338 99 

$103,894 11 
28,468 27 



$28,853 04 
236 43 



ees, 



$37,444 37 



59,535 90 



$22,091 53 



$75,425 84 
255 33 

$75,681 17 



$28,616 61 

18,326 04 

4,285 10 

962 93 

100 00 

1,798 82 

$54,089 50 



* Computed on monthly pro rata basis; if computed on 50 per cent, basis, would be $23,214.00. 



14 



BERKSHIRE MUTUAL FIRE INSURANCE CO. 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1893, $551,714 00 
Risks written during 1894, . 9,088,997 00 



Total, $9,640,711 00 

Risks terminated during 1894, . 2,852,145 00 



In force at end of year, . . $6,788,566 00 
Deduct amount reinsured, . 1,976,826 00 



Cash Prem's. Conting't Prem's. 

$8,048 30 $24,144 90 
113,968 01 341,904 03 



$122,016 31 $366,048 93 
43,293 47 129,880 41 



$78,722 84 $236,168 52 
32,294 84 96,884 52 



Net amount in force, . $4,811,740 00 $46,428 00 $139,284 00 



.Miscellaneous. 
Losses incurred during the year, 



$44,081 00 



BERKSHIRE MUTUAL FIRE INSURANCE COMPANY, 

PITTSFIELD. 

[Incorporated March, 1835. Commenced business August, 1835.] 
JABEZ L. PECK, President. JOHN M. STEVENSON, Secretary. 

Amount of permanent fund, $57,271 91 



Detailed Statement of Stocks, 



Western Union Telegraph Co. bonds, 
Chicago & Western Indiana Railroad bonds, 
Baltimore & Ohio Railroad bonds, . 
St. Paul & Sioux City Railroad bonds, 
100 shares Boston & Albany Railroad, 
154 ■ 

50 ' 

19 
100 ' 

87 

10 ' 

12 ' 

15 

16 

10 
8 



N. Y. Cent. & Hudson River R.R., 
Chicago, Burlington & Quincy R.R. 
New Hampshire Trust Co., 
Adams Express Co., 
Pittsfield National Bank, Pittsfield, 
Agricultural Nat'l Bank, Pittsfield, 
Third National Bank, Pittsfield, 
First National Bank, Adams, . 
Adams Nat'l Bank, North Adams, 
Lenox National Bank, Lenox, . . 
Lee National Bank, ..... 



Pittsfield Electric Street Railway Co., 



Bonds, etc. 

Par Value. 

$5,000 00 
5,000 00 
2,000 00 
1,000 00 

10,000 00 

15,400 00 
5,000 00 
1,900 00 

10,000 00 
8,700 00 
1,000 00 
1,200 00 
1,500 00 
1,600 00 
1,000 00 
800 00 
2,500 00 



Market Value. 

-.510 00 

5,900 00 

2,240 00 

1,280 00 

20,800 00 

15,400 00 

3.550 00 

950 00 

14,200 00 

11,745 00 

2,500 00 

2.400 00 

2,025 00 

2,160 00 

1,400 00 

1,120 00 

10 00 



$73,600 00 $95,680 00 



BERKSHIRE MUTUAL FIRE INSURANCE CO. 



15 



Summary of Assets Dec. 31, 
Casli value of unencumbered real estate, 
Stocks, bonds, etc., as per schedule, 
Loans on personal security, 
Cash in the office of the company, 
Cash deposited in bank, 
Interest due and accrued, . 
Premiums in course of collection (gross) , 
Premiums more than three months due, $157 25 
Gross assets, 



, 1894. 




$9,100 00 


95,680 00 


5,000 


00 


1,054 


93 


2,035 


63 


275 


02 


987 


47 



14,133 05 



Liabilities. 

Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Surplus due on terminated policies, . 
State and local taxes, .... 
Commissions and brokerage, 
Gross liabilities, . 



Net cash assets, 



Income. 

Premiums outstanding Dec. 31, 1893, 

Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... $29,561 29 
Less reinsurance and return premiums, . . 729 13 

Net cash premiums received, .... 

Received for extra premiums, .... 

Interest and dividends received from all sources, . 

Income from rents, . . . 



$60,177 70 




24 75 




648 88 




49 46 




110 27 






61,011 06 






$53,121 99 


$2,363 46 




76 75 





$2,286 71 
28,419 30 



,706 01 
1,144 72 



Gross cash income, 



$28,832 16 

407 54 

4,414 03 

765 25 

$34,418 98 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 
for rents and incidentals, 



$8,516 53 

13,402 72 

3,166 32 

3,068 68 

350 32 

1,372 69 



Gross cash expenditures, . 



$29,877 26 



16 BOSTON MANUFACTURERS' MUTUAL FIRE INSURANCE CO. 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem'i. 

Risks outstanding Dec. 31, 1893, $8,199,777 00 $112,986 20 $112,986 20 

Risks written during 1894, . 2,100,888 00 28,419 30 28,419 30 



Total, $ 10,300,665 00 $141,405 50 $141,405 50 

Risks terminated during 1894, . 1,550,115 00 21,050 11 21,050 11 



In force at end of year, . 



1,750,550 00 $120,355 39 $120,355 39 



Miscellaneous. 

Losses incurred during the year, $8,516 53 

Percentage of profits or surplus returned during 1894, 40, 50, 70 per cent. 



BOSTON MANUFACTURERS' MUTUAL FIRE INSURANCE 
COMPANY, BOSTON. 

[Incorporated March 15, 1850. Commenced business Oct. 15, 1850.] 
EDWARD ATKINSON, President. FRANCIS E. ROBINSON, Secretary. 

Office, 31 Milk Street. 
Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Phila., Wil. & Baltimore Railroad bonds, . $40,000 00 $43,200 00 

Chicago, Burl. & Quincy Railroad bonds, . 100,000 00 100,875 00 

Old Colony Railroad bonds, .... 120,000 00 126,325 00 

Burl. & Missouri River Railroad bonds, . . 30,000 00 34,800 00 

Pennsylvania Company bonds, . . . 30,000 00 33,300 00 

Michigan Central Railroad bonds, . . . 30,000 00 34,200 00 

West Shore Railroad bonds 50.000 00 53,000 00 

Boston & Lowell Railroad bonds, . . . 50,000 00 51,000 00 

New Jersey Central Railroad bonds, . . 50,000 00 57,500 00 

Rome, Watertown & Ogdensburg R.R. bonds, 50,000 00 59,000 00 

Lehigh Valley Railroad bonds, . . . 25,000 00 27,312 00 

Eastern Railroad bonds, 25,000 00 30,375 00 

Town of Brookline bonds, .... 91,000 00 91,000 00 

American Dock & Improvement Co., . . 25,000 00 29,000 00 

United New Jersey Railway & Canal Co., . 50,000 00 55,000 00 

Baltimore & Ohio R.R., 50,000 00 51,500 00 

$816,000 00 $877,387 00 

Summary of Assets Dec. 31, 1894. 
Stocks, bonds, etc., as per schedule, . . . $877,387 00 
(ash in the office of the company, . . . 4.723 61 

Cash deposited in bank, 21,205 61 

Interest due and accrued, .... 12,911 60 

Gross assets, $916,227 82 



BOSTON MANUFACTURERS' MUTUAL FIRE INSURANCE CO. 17 



Liabilities. 

Unearned premiums on outstanding risks, . $433,163 69 

State and local taxes, 1,412 88 

Gross liabilities, 



$434,576 57 



Net cash assets, $481,651 25 



Income. 

Cash premiums received, 

Less return premiums, ... 

Net cash premiums received, .... 

Interest and dividends received from all sources, 

Gross cash income, 



8894,405 54 
33,369 29 



$861,036 25 
36,626 17 

$897,662 42 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for inspections and plans, 

for incidentals, 

Gross cash expenditures, .... 



$32,227 54 

693,862 83 

31,972 77 

8,652 89 

1,843 32 

15,762 72 

9,615 00 

$793,937 07 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $105,084,562 00 $850,286 09 $4,251,430 45 

Risks written during 1894, . 111,074,620 00 894,405 54 4,472,027 70 



Total, . . . .$216,159,182 00 $1,744,691 63 $8,723,458 15 
Deduct risks expired and ter- 
minated, .... 108,587,150 00 878,364 25 4,391,821 25 



In force at end of year, . .$107,572,032 00 $866,327 38 $4,331,636 90 



Miscellaneous. 

Losses incurred during the year, $32,227 54 

Percentage of profits or surplus returned during 1894, 82 t 1 5 q per cent. 



18 



BRISTOL COUNTY MUTUAL FIRE INSURANCE CO. 



BRISTOL COUNTY MUTUAL FIRE INSURANCE COMPANY, 

NEW BEDFORD. 

[Incorporated Feb. 29, 1829. Commenced business July 4, 1829.] 

JAMES TAYLOR, President. GEO. N. ALDEN, Secretary. 

[Note. — Policies are all issued for five years, ten per cent, of the premium rote being 
received in cash at the time of issuing the policy. The notes are assessed as necessity requires. 
No cash funds are accumulated.] 



Summary of Assets Dec. 31, 1894. 



Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



$512 68 


82 98 


98 21 



$723 87 



Liabilities. 
Due for borrowed money, 
State and local taxes, 
Gross liabilities, 

Income 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 



Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 
Received for extra premiums, . 
Interest and dividends received from all sources, 

Income from fees, 

Income from assessment on deposit notes, 



8900 00 
10 75 



$383 96 
3,361 80 

$3,745 76 
98 21 

$3,647 55 
86 95 



910 75 



$3,560 60 


101 80 


4 15 


12 25 


160 83 



Gross cash income, 



$3,839 63 



Expenditures. 

Cash paid for losses, ..... 
for commissions and brokerage, . • 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 

Gross cash expenditures, .... 



$2,577 


81 


210 52 


1,625 


00 


30 


37 


206 


65 



$1,650 38 



CAMBRIDGE MUTUAL FIRE INSURANCE CO. 



19 



Risks and Premiums. 



Risks outstanding Dec. 31, 1893, 
Risks written during 1894, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



Miscellaneous 
Losses incurred during the year, 



Amount. 

§3,079,496 00 
510,700 00 

§3,590,196 00 
730,200 00 



Conting't Prem's. 

$301,263 00 
33,618 00 

$334,881 00 
91,956 00 



$2,859,996 00 $242,925 00 



$2,577 84 



CAMBRIDGE MUTUAL FIRE INSURANCE COMPANY, 

CAMBRIDGE. 

[Incorporated March 13, 1833. Commenced business Jan. 1, 1834. 
DANA W. HYDE, President. ALFRED L. BARBOUR, Secretary. 

Amount of permanent fund, §135,469 78 



Detailed Statement of Stocks, 



Cambridge city bonds, 

Boston city bonds, 

Portland city bonds, . 

Belfast city bonds, . . 

Highland Street Railway bonds, 

Eastern Railroad bonds, . 

Boston & Lowell Railroad bonds, 

Fitchburg Railroad bonds, 

15 shares National City Bank, Cambridge, 

1 share Framingham National Bank, 



Bonds, etc. 

Par Value. 

§2,000 00 
5,000 00 

10,000 00 
2,000 00 
4,000 00 
1,500 00 
5,000 00 
1,000 00 
1,500 00 
100 00 



Market Value. 

$2,400 00 
5,000 00 
• 12,200 00 
2,100 00 
4,400 00 
1,740 00 
5,000 00 
1,000 00 
2,250 00 
150 00 



$32,100 00 $36,240 00 



Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, . $59,750 00 

Loans on mortgage of real estate (first liens*), 110,483 00 

Interest due or accrued thereon, . . . 2,605 13 

Stocks, bonds, etc., as per schedule, . . . 36,240 00 

Loans on personal security, .... 3,000 00 

Cash in the office of the company, . . . 2,088 83 

Cash deposited in bank, 796 89 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$72,100 00 
139,700 00 
128,400 00 



20 



CAMBRIDGE MUTUAL FIRE INSURANCE CO. 



Interest due and accrued, .... $693 75 

Premiums in course of collection (gross), . 10,018 91 

Rents due and accrued, 2,370 50 

Premiums more than 3 months due, $2,883 49 

Gross assets, 



$228,047 01 



Liabilities. 
Losses claimed and reported, . . . 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Due for borrowed money, 
Commissions and brokerage, . 

Gross liabilities, .... 



$75 00 

121,763 43 

5,669 81 

5,000 00 

1,846 86 



134,355 10 



Net cash assets, . 



$93,691 91 



Income. 

Premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . . . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for commissions and brokernge, 
for salaries of officers and employee 
for State and local taxes, . 

for rents, 

for incidentals, .... 
for expenses on real estate, 

Gross cash expenditures, , , 



$6,074 00 
122 88 

$5,951 12 
73,110 59 

$79,061 71 
12,902 40 

$66,159 31 
2,859 76 



sources, 



9, 



$63,299 55 

756 18 

4,081 68 

1,810 94 

6,568 00 

$76,516 35 



$40,657 83 
27,779 20 
7,748 33 
7,310 00 
2,250 33 
1,000 00 
3,929 91 
2,455 57 

$93,131 17 



citizens' mutual FIRE INSURANCE CO. 



21 



Risks and Premiums. 

Amount. Cash Prem'a. Conting'tPrem's. 

Risks outstanding Dec. 31, 1893, $14,393,314 00 $222,021 42 $222,021 42 

Risks written during 1894, . 4,660,844 00 73,110 59 73,110 59 



Total, $19,054,158 00 $295,132 01 $ 295,132 01 

Risks terminated during 1894, 3,431,638 00 51,605 14 51,605 14 



In force at end of year, . . $15,622,520 00 $243,526 87 $243,526 87 

Miscellaneous. 

Losses incurred during the year, $29,869 00 

Percentage of profits or surplus returned during 1894, . 40, 50, 70 per cent. 



CITIZENS' MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 

[Incorporated April, 1846. Commenced business October, 1846.] 
HENRY C. BIGELOW, President. T. WALLACE TRAVIS, Secretary. 

Office, 8 Exchange Place. 
Amount of permanent fund, . . . . . . . $174,441 91 



Detailed Statement of Stocks, Bonds, etc. 



30 shares Hide & Leather National Bank, 
15 " Natick National Bank, 
10 " Farmington National Bank (N. H.), 
Butchers 1 S. and M. Association bonds, . 
Denver Land and Security Co. bonds, 



Par Value. 

$3,000 00 
1,500 00 
1,000 00 
4,000 00 
1,800 00 



Market Value. 

$3,262 50 
2,025 00 
1,000 00 
4,000 00 
1,800 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Loans on personal security, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 



$11,300 00 $12,087 50 

31, 1894. 

$21,700 00 

277,610 00 

3,843 44 

12,087 50 

7,044 79 

278 53 

14,768 23 

169 00 

4,315 58 

$341,817 07 



* Total value of property mortgaged, . 
Amount of insurance held as collateral, 



$555,321 00 
328,200 00 



22 



citizens' mutual FIRE INSURANCE CO. 



Liabilities. 

Losses claimed and reported, .... $885 00 

Unearned premiums on outstanding risks, . 178,143 14 

Surplus due on terminated policies, . . 2,145 20 

Commissions and brokerage, .... 647 34 

Gross liabilities, ...... 



$181,820 68 



Net cash assets, $159,996 39 



Income. 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



$3,171 94 
81,129 25 

$84,301 19 
4,315 58 

$79,985 61 
3,447 11 



sources, 



$76,538 50 

1,390 63 

15,306 76 

1,339 64 

517 98 

$95,123 51 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of ofiicers and employees, 

for State and local taxes, 

for rents, . . 

for incidentals, . 

for repairs on real estate, 

Gross cash expenditures, . 



$34,224 08 

42,402 56 

11,931 96 

7,821 80 

1,459 61 

1,800 00 

2,507 23 

189 60 

$102,336 84 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $25,237,449 00 $345,333 14 $345,333 14 



Risks written during 1894, 

Total, .... 
Risks terminated during 1894, 

In force at end of year, 
Deduct amount reinsured, . 



5,948,106 00 81,129 25 81,129 25 



31,185,555 00 $426,462 39 $426,462 39 
5,219,222 00 70,176 11 70,176 11 



$25,966,333 00 $356,286 28 $356,286 28 
10,600 00 100 34 100 34 



Net amount in force, . .$25,955,733 00 $356,185 94 $356,185 94 



COHASSET MUTUAL FIRE INSURANCE CO. 



23 



Miscellaneous. 

Losses incurred during the year, $35,109 00 

Percentage of profits or surplus returned during 1894, 50 and 70 per cent. 



COHASSET MUTUAL FIRE INSURANCE COMPANY, 

COHASSET. 

[Incorporated March, 1845. Commenced business March, 1846.] 
LOUIS N. LINCOLN", President. PHILANDER BATES, Secretary. 

Detailed Statement of Stocks. 

Par Value. Market Value. 

$900 00 $900 00 

300 00 450 00 



9 shares City National Bank, Boston, 

3 " Merchants' National Bank, Boston, . 



.,200 00 $1,350 00 



Summary of Assets Dec. 31, 1894. 

Stocks, as per schedule, 

Cash in the office of the company, . 

Cash deposited in bank, 

Premiums in course of collection (gross), 
Oflice furniture, .... $75 00 
Premiums more than 3 months due, 13 13 
- Gross assets, 

Liabilities. 

Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Commissions and brokerage, 

Gross liabilities, .... 



Net cash assets, 



Income 
Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Received for extra premiums, . 

Literest and dividends received from all sources, . 

Gross cash income, » 



$1,350 00 




13 56 




1,429 84 




94 61 






$2,888 01 




$2,445 54 




34 82 




14 21 






2,494 57 





$59 17 
1,623 56 



$1,682 73 
107 74 


$1,574 99 
43 20 



$393 44 



,531 79 
30 41 
76 87 



$1,639 07 



24 



COLONIAL MUTUAL FIRE INSURANCE CO. 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for commissions and brokerage, . . 
for salaries of officers and employees, 
for State and local taxes, . 
for incidentals, 



Gross cash expenditures, 



$73 64 


625 33 


100 32 


335 50 


14 03 


28 02 



,176 84 



Risks and Premiums. 



Risks outstanding Dec. 31, 1893, 
Risks written during 1894, 

Total 

Risks terminated during 1894, . 

In force at end of year, . 



Amount. 

$352,270 00 
106,150 00 

$458,420 00 
105,175 00 



Cash Prem'8. Conting't Prem's. 

$5,361 27 $16,083 81 
1,623 56 4,870 68 



$6,984 83 
1,604 31 



$20,954 49 
4,812 93 



$353,245 00 $5,380 52 $16,141 56 



Miscellaneous. 

Losses incurred during the year, $74 00 

Percentage of profits or surplus returned during 1894, 15, 30, 50 per cent. 



COLONIAL MUTUAL FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated Feb. 23, 1894. Commenced business April 18, 1894.] 
ARTHUR WALLACE POPE, President. ISAAC R. WHEELOCK, Secretary. 

Office, 58 Kilby Street. 
Summary of Assets Dec. 31, 1894. 



Cash in the office of the company, . . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Premiums more than 3 months due, $876 21 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Commissions and brokerage, . 

Reinsurance, 

Gross liabilities, 

Balance against company, 



$127 48 

23,720 69 

36 49 

16,460 07 



$100 00 

6,000 00 

30,904 14 

190 15 

3,410 22 

95 00 



$40,344 73 



40,699 51 
$354 78 



COMMONWEALTH MUTUAL FIRE INSURANCE CO. 



25 



Income 

Premiums on risks written, 
Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash premiums received, . 
Income from borrowed money, 
Interest received, .... 
Received from all other sources, 



Gross cash income, 



,419 35 
17,336 28 

$61,083 07 
12,862 52 



$48,220 55 

2,500 00 

155 32 

137 50 

$51,013 37 



Expenditures. 

Net cash paid for losses, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, . 
For borrowed money repaid, . 
Cash paid for incidentals, . 



Gross cash expenditures, 



$7,884 28 

12,055 14 

1,445 00 

309 34 

333 36 

2,500 00 

2,638 08 

$27,165 20 



Risks written during 1894, . $5,680,573 00 
Risks terminated during 1894, . 1,290,091 00 



Risks and Premiums. 

Amount. Cash Prem"s. Conting't Prem's. 

$78,419 35 $235,258 05 

16,134 66 48,403 98 



In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



$4,390,482 00 
24,500 00 



$62,284 69 $186,854 07 
476 41 1,429 23 



$4,365,982 00 $61,808 28 $185,424 84 



Miscellaneous. 
Losses incurred during the year, 



$13,984 00 



COMMONWEALTH MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 

[Incorporated Nov. 21, 1893. Commenced business Dec. 14, 1893.] 
J. ALLSTON NEWHALL, President. HERBERT C. HUNTRESS, Secretary. 

Office, 47 Kilby Street, 
Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

100 shares American Bell Telephone, . . $10,000 00 $19,500 00 



26 



COMMONWEALTH MUTUAL FIRE INSURANCE CO. 



Summary of Assets Dec. 31, 1894. 



Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



$19,500 00 

3,695 25 

28,809 99 

39,689 00 



$91,694 24 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 

Reinsurance, 

Gross liabilities, .... 

Balance against company, . 

Income 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



4 Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash premiums received, . 
Received for extra premiums, . 
Interest received, .... 



Gross cash income, 



$34,801 40 

20,975 00 

5,000 00 

$60,776 40 
5,000 00 

$55,776 40 

93,365 35* 

112 50 

10,914 46 

5,623 82 



$40,292 17 
305,617 38 

§345,909 55 
39,689 00 

$306,220 55 
75,119 28 



165,792 53 
$74,098 29 



§231,101 27 
1,017 09 
2,155 81 

$234,274 17 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, - 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$140,276 98 
7,026 97 



$133,250 01 

65,578 55 

2,412 50 

2,686 9-4 

1,163 10 

8205,091 10 



* Computed on a monthly pro rata basis; if computed on 50<t basis would be $7S,332.96. 



COTTON AND WOOLEN MANUFACTURERS* INSURANCE CO. 27 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1893, $4,945,145 00 
Risks written during 1894, . 21,661,466 00 



Cash Prem'8. 

$71,229 65 
305,617 38 



Total, . . . . $26,606,611 00 
Risks terminated during 1894, . 11,793,045 00 



$376,847 03 
161,488 65 



In force at end of year, . . $14,813,566 00 
Deduct amount reinsured, . 4,407,547 00 



f215,358 38 
58,692 47 



Conting't Prem's. 

$213,688 95 
916,852 14 

11,130,541 09 
484,465 95 

$646,075 14 
176,077 41 



Net amount in force, . $10,406,019 00 $156,665 91 $469,997 73 



Miscellaneous. 

Losses incurred during the year, 



$189,420 00 



COTTON AND WOOLEN MANUFACTURERS' MUTUAL INSURANCE 

COMPANY, BOSTON. 

[Incorporated Oct. 19, 1875. Commenced business Oct. 20, 1875.] 
M. B . V. JEFFERSON, President. BENJAMIN TAFT, Secretary. 

Office, SI Milk Street. 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

Fitchburg Railroad bonds, .... $16,000 00 

Chicago, Burlington & Quincy R.R. bonds, . 10,000 00 

Boston city bond, 2,000 00 

Metropolitan Street Railroad bonds, . . 15,000 00 

Maine Central R.R. bonds, .... 26,000 00 

Cheshire R.R. bonds, 27,000 00 

Portland & Ogdensburg R.R. bonds, . . 10,000 00 

New York & New England R.R. bonds, . . 17,000 00 

Lynn & Boston R.R. bonds, .... 12,000 00 

Middlesex R.R. bonds, 1,000 00 

Highland Street R.R. bonds, .... 1,000 00 

South Boston R.R. bonds, 5,000 00 

West End Street R.R. bonds, .... 5,000 00 

Connecticut River R.R. scrip, .... 5,000 00 



Market Value. 

$16,660 00 

10,000 00 

2,055 00 

15,550 00 

27,660 00 

28,335 00 

10,500 00 

19,422 50 

12,120 00 

1,050 00 

1,040 00 

5,287 50 

5,150 00 

5,075 00 



$152,000 00 $159,905 00 



Summary of Assets Dec. 31, 1894. 



Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, ..... 



$159,905 00 

9,317 79 

24,570 93 

2,734 15 

3,980 14 



$200,508 01 



28 COTTON AND WOOLEN MANUFACTURERS' INSURANCE CO. 



Liabilities. 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, ..... 



Net cash assets, 



$133,705 30 
512 53 



8134,217 83 



$66,290 18 



Income. 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 



Net cash premiums received, . 

Received for joint office expenses, . 

Interest and dividends received from all sources, . 



89,730 83 
267,410 60 



8277,141 43 
3,980 14 



8273,161 29 
6,628 49 
7,381 61 



Gross cash income, $287,171 39 



Expenditures. 
Cash paid for losses, 863,433 87 



as profits on terminated policies, 

for inspections, 

for salaries of officers and employees, 
for State and local taxes, . 

for rents, 

for incidentals, 

Borrowed money repaid, 



142,321 37 

7,508 40 

12,940 03 

3,736 45 

1,005 57 

4,311 17 

25,000 00 



Gross cash expenditures, . 



. $260,256 86 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's* 

Risks outstanding Dec. 31, 1893, $28,291,182 00 8266,065 44 $1,330,327 20 
Risks written during 1894, . 28,246,149 00 267,410 60 1,337,053 00 



Total 856,537,331 00 8533,476 04 82,667,380 20 

Risks terminated during 1894, . 28,422,494 00 270,227 83 1,351,139 15 



In force at end of year, . . $28,114,837 00 8263,248 21 $1,316,241 05 



Miscellaneous. 

Losses incurred during the year, $39,727 00 

Percentage of profits or surplus returned during 1894, . 57 ^fo per cent. 



DEDHAM MUTUAL FIRE INSURANCE CO. 



29 



DEDHAM MUTUAL FIRE INSURANCE COMPANY, 

DEDHAM. 

• i < 

[Incorporated Feb. 22, 1837. Commenced business July 1, 1837.] 
GEO. B. FAUNCE, President. ELIJAH HOWE, Jb., Secretary. 

Amount of permanent fund, $89,765 77 



Detailed Statement of Stocks, 



12 shares Dedham National Bank, 

20 " Dedham Water Company,, 

50 " Atch , Topeka & Santa Fe R.R. 

Boston city bonds, 

Cincinnati city bonds, 

Salem water bonds, . 

Washington County (111.) bonds, 

N. II. Trust Company bonds, . 

Western Security Company bonds, 

Lombard Investment Company bonds, . 

New England Mortgage Security Co. bonds, 

Boston & Lowell R.R. bonds, . 

Kansas City, St. Jos. & Council Bluffs R.R., 

Atch., Topeka & Santa Fe R t R. bonds, 

Philadelphia & Reading R.R. bonds, 

Old Colony R.R. bonds, .... 

Union Pacific Railway bonds, . 



Bonds, etc. 

Par Value. 

$1,200 00 
2,000 00 
5,000 00 
2,000 00 
6,000 00 
3,000 00 
5,000 00 
5,000 00 
6,000 00 
5,000 00 
8,000 00 

10,000 00 
2,000 00 

17,500 00 
5,000 00 
2,000 00 

16,000 00 



Market Value. 

$1,200 00 

2,000 00 

200 00 

2,200 00 

7,200 00 

3,242 10 

5,000 00 

3,750 00 

4,500 00 

2,940 00 

7,600 00 

10,225 00 

2,400 00 

8,035 00 

6,050 00 

2,100 00 

13,300 00 



$100,700 00 $81,942 10 



Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens), $32,400 00 

Interest due or accrued thereon, . . . 929 30 

Stocks, bonds, etc , as per schedule, . . . 81,942 10 

Cash deposited in bank, 9,800 86 

Interest due and accrued, 785 66 

Premiums in course of collection (gross), . 2,780 57 

Due for extra premiums, 35 10 

Premiums more than 3 months due, . $60 63 

Gross assets, $128,673 59 



Liabilities. 

Losses claimed and reported, .... $450 00 

Unearned premiums on outstanding risks, . 35,048 38 

Return premiums on cancelled policies, . , 87 52 



30 



DEDHAM MUTUAL FIRE INSURANCE CO. 



Gross liabilities, 


«i,v^ \jt 


$37,604 97 


• 

fl,858 88 
20 75 


Net cash assets, ..... 

Income. 

Premiums outstanding Dec. 31, 1893, 
Same not collected, . ... 


?91,068 62 


Net collected, 

Premiums ou risks written or renewed, . 


$1,838 13 
26,036 75 




Total 

Premiums now in course of collection, . 


§27,874 88 
2,841 20 




Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 


$25,033 68 
742 71 


$24,290 97 
265 01 
1,77 
3,599 04 


sources, . 


Gross cash income, .... 


$29,927 41 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, . 

for rents, 

for incidentals, 



Gross cash expenditures, . 



$7,381 57 


8,917 89 


3,695 


11 


3,296 


20 


293 


21 


110 


00 


590 53 


$24,284 


51 



Risks and Premiums. 

Amount. Cash Prem's, Conting't Prem"s. 

Risks outstanding Dec. 31, 1893, $4,100,478 00 $63,071 76 $63,071 76 

Risks written during 1894, . 1,705,040 00 26,036 75 26,036 75 



Total, $5,805,518 00 $89,108 51 $89,108 51 

Risks terminated during 1894, . 1,305,921 00 19,235 74 19,235 74 



In force at end of year, . . $4,499,597 00 $69,872 77 $69,872 77 



Miscellaneous. 

Losses incurred during the year, $7,3S2 00 

Percentage of profits or surplus returned during 1884, 33 J, 50, 70 per cent. 



DOUCHE STER MUTUAL FIRE INSURANCE CO. 



31 



DORCHESTER MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 

[Incorporated February, 1855. Commenced business July, 1855.] 
THOMAS F. TEMPLE, President. W. D. C. CURTIS, Secretary. 

Office, Neponset. 
Amount of permanent fund, $200,000 00 



Detailed Statement of Stocks, 



Detroit, Lansing and Northern R.R. bonds, 

Fitchburg Railroad bonds, 

Chicago, Burlington & Quincy R.R. bonds, 

56 shares Blue Hill National Bank, 

50 

20 

20 ' 

12 

10 

30 

33 ' 

10 ' 
5 

10 
304 
273 

75 

56 
100 
300 



Boston National Bank, . 
Howard National Bank, . 
Continental National Bank, 
Hide & Leather National Bank, 
New England National Bank 
Columbian National Bank, 
State National Bank, 
Mt. Wollaston National Bank 
Granite National Bank, 
Weymouth National Bank, 
Boston & Albany R.R., 
Old Colony R.R., . 
Boston & Maine R.R., 
Boston & Lowell R.R., 
Boston Lead M'f 'g Co., 
International Trust Co., 



Bonds, etc. 

Par Value. 

$7,000 00 

32,000 00 

10,000 00 

5,600 00 

5,000 00 

2,000 00 

2,000 00 

1,200 00 

1,000 00 

3,000 00 

3,300 00 

1,000 00 

500 00 

1,000 00 

30,400 00 

27,300 00 

7,500 00 

5,600 00 

10,000 00 

30,000 00 



Market Value. 

$4,550 00 

34,480 00 

9,850 00 

5,880 00 

5,250 00 

1,940 00 

2,300 00 

1,308 00 

1,620 00 

3,120 00 

3,828 00 

1,400 00 

650 CO 

1,200 00 

63,840 00 

53,781 00 

12,150 00 

11,144 00 

15,000 00 

60,000 00 



$185,400 00 £293,291 00 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 

Interest due and accrued, 

Premiums in course of collection (gross), 

Rents due and accrued, 

Gross assets, 



£22,000 00 

24,988 13 

170 83 

293,291 00 

1,350 16 

18,364 51 

120 00 



$360,284 63 



* Value of land mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$19,000 00 
26,000 00 
21,500 00 



32 



DORCHESTER MUTUAL FIRE INSURANCE CO. 



Liabilities. 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 
Due for borrowed money, 

Gross liabilities, .... 



$1,500 00 

233,994 69 

2,000 00 

7,339 06 



?244,833 75 



Net cash assets, . 



$115,450 88 



Income. 

Premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 
Received for extra premiums, . 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



$18,423 50 

83 99 

$18,339 51 

151,226 18 

$169,565 69 

18,364 51 

$151,201 18 

3,919 35 



other sources, 



$147,281 83 

2,085 63 

995 25 

12,140 58 

1,108 00 

$163,611 29 



Expenditures. 



Cash paid for losses, 

Deduct salvage and reinsurance, 



§85,483 87 
210 03 



Net cash paid for losses, 

Cash paid as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for incidentals, 

for expenses on real estate, 



$85,273 84 

49,090 99 

23,619 50 

7,119 01 

2,159 02 

600 00 

5,617 37 

2,100 00 



Gross cash expenditures, 



$175,579 73 



EASTEKN MUTUAL FIRE INSURANCE CO. 



33 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $27,176,880 00 $418,119 39 $118,149 39 

Risks written during 1894, . 9,668,185*00 151,226 18 151,226 18 



Total $36,845,065 00 $569,375 57 $569,375 57 

Risks terminated during 1894, . 6,626,785 00 101,386 19 101,386 19 



In force at end of year, 



.$30,218,280 00 $467,989 38 $467,989 38 



Miscellaneous. 
Losses incurred during the year, .... 
Percentage of profits or surplus returned during 1894, 



$79,158 87 
50 per cent. 



EASTERN MUTUAL FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated Jan. 3, 1894. Commenced business Feb. 1, 1894.] 
H. J. JAQUITH, President. M. S. WILLIAMS, Secretary. 

Office, No. 30 Congress Street. 

Summary of Assets Dec. 31, 1894. 

Cash in the office of the company, . . . $443 34 

Cash deposited in bank, 24,694 15 

Premiums in course of collection (gross), . 8,903 48 
Premiums more than 3 months due, . $598 70 

Gross assets, $34,040 97 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, 



Due and accrued for rent, salar 
Commissions and brokerage, 
Due for reinsurance, 
Gross liabilities, 

Net cash assets, . 



ies, etc., 



$13 46 

5,734 66 

20,774 73 

677 52 
1,228 93 
1,645 19 
1,719 80 



31,794 29 



$2,246 68 



Income 
Premiums on risks written, 
Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 



,170 58 
9,502 18 

$58,668 40 
9,101 91 



$49,566 49 



34 



ESSEX MUTUAL FIRE INSURANCE CO. 



Received for extra premiums, $245 14 

Interest received, 494 14 

Gross cash income, $50,305 77 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$11,743 57 
85 51 



Gross cash expenditures, 



$11,658 06 

10,598 90 

759 98 

518 38 

3,790 78 

$27,326 10 



Risks and Premiums. 



Risks written during 1894, 
Risks terminated during 1894, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



Amount. 

$5,172,214 60 

1,479,805 49 

$3,692,409 11 
810,577 00 

$2,881,832 11 



Miscellaneous. 
Losses incurred during the year, 



Cash Prem's. Conting't Prem's. 

$68,170 58 $204,511 74 
11,152 15 33,456 45 



$57,018 43 $171,055 29 
15,468 98 46,406 94 



$41,549 45 $124,648 35 
$17,491 69 



ESSEX MUTUAL FIRE INSURANCE COMPANY, SALEM. 

[Incorporated 1829. Commenced business 1829.] 
DAVID MOORE, President. CHARLES H. ODELL, Secretary. 

Amount of permanent fund, $51,152 23 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Hyde Park (Til.) bonds, $1,000 00 $1,000 00 

City of Cleveland bonds, 1,000 00 1,000 00 

Boston & Albany Railroad bonds, . . . 1,000 00 1,015 00 

St. Louis County bonds, 1,000 00 1,010 00 

St. Louis city bonds, 1,000 00 1,070 00 

American Investment Company bonds, . . 1,500 00 1,250 00 

Old Colony Railroad bonds, .... 1,00000 1,04500 

City of Cincinnati bonds, 1,000 00 1,225 00 

City of Brooklyn bonds, 1,000 00 1,150 00 

City of Springfield bonds, .... 1,000 00 1,230 00 

Chicago, Burlington & Quincy R.R bonds, . 2,000 00 2.222 50 

Eastern Railroad bonds, 2,000 00 2,430 00 



ESSEX MUTUAL FIRE INSURANCE CO. 



35 



Northern Pacific Railroad bonds, 
Oregon Improvement bonds, . 
Cleveland & Canton Railroad bonds, 
City of Missoula (Mont.) bonds, . 
Dnluth Transfer Railroad Co. bonds, 
Boston & Maine Railroad bonds, 
Maine Central Railroad bonds, . 
Fitchburg R.R. bonds, 
19 shares Asiatic National Bank, 
14 " Salem National Bank, 
23 " Mercantile National Bank, 
16 " Lynn Gas & Electric Co., . 
30 " Union Stock Yards Co., . 



Summary of Assets Dec. 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Premiums more than 3 months due, $450.28 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 

Unearned premiums on outstanding risks, 

Return premiums on cancelled policies, . 

Surplus due on terminated policies, 

State and local taxes, .... 

Commissions and brokerage, . 

Reinsurance, 

Gross liabilities, 

Net cash assets, 

Income. 
Premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 



Par Value. 


Market Value. 


$1,000 00 


$1,167 50 


5,000 00 


5,000 00 


5,000 00 


1,750 00 


4,000 00 


4,000 00 


3,000 00 


3,000 00 


2,000 00 


2,090 00 


5,000 00 


5,100 00 


4,000 00 


4,260 00 


570 00 


608 00 


1,400 00 


1,750 00 


2,300 00 


2,530 00 


1,600 00 


2,602 00 


3,000 00 


3,750 00 


$52,370 00 


$53,255 00 


31, 1894. 




$24,600 00 




3,000 00 




90 00 




53,255 00 




18,535 14 




228 34 




20,351 06 




134 50 






$120,194 04 




$3,575 00 




62,817 45 




944 38 




695 84 




219 34 




4,744 90 




90 99 






73,087 90 




■ t A 


$47,106 14 


$2,869 73 




42 00 





$2,827 73 

116,098 09 

$118,925 82 

20,801 34 

$98,124 48 

15,087 95 



$83,036 53 



36 



EXCELSIOR MUTUAL FIRE INSURANCE CO. 



Received for extra premiums, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$28 


09 


180 00 


2,471 


35 


511 


00 



Gross cash income, . . . . . . . . $86,226 97 

Expenditures. 
Cash paid for losses, $32,004 27 



Deduct salvage and reinsurance, 

Net cash paid for losses, 

Cash paid as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, .... 

for incidentals, 

for repairs on real estate, 

Gross cash expenditures, . 

Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1893, $ 2,580,873 00 



1,253 78 



Risks written daring 1894, 

Total, . 

Risks terminated during 1894, 

In force at end of year, . , 
Deduct amount reinsured, 

Net amount in force, 



8,749,822 00 



Cash Prem's. 

$45,554 31 
116,098 09 



$30,750 49 

3,753 68 

18,114 27 

2,855 83 

1,877 77 

266 00 

861 65 

2,226 42 

$60,706 11 



Conting't Prem's. 

845,554 31 
116,098 09 



$11,330,695 00 $161,652 40 $161,652 40 
2,381,246 00 32,471 39 32,471 39 



5,949,449 00 $129,181 01 $129,181 01 
383,370 00 3,546 12 3,546 12 



$8,566,079 00 $125,634 89 $125,634 89 



Miscellaneous. 

Losses incurred during the year, 

Percentage of profits or surplus during 1894, . 



$28,346 19 
. 10, 25, 50 per cent. 



EXCELSIOR MUTUAL FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated Aug. 23, 1894. Commenced business Sept. 10, 1894.] 
JACOB ROSENTHAL, President. GEO. B. HEATON, Secretary. 

Office, 17 Exchange Place. 
Summary of Assets Dec. 31, 1894. 



Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



$1,655 92 
6,277 11 
9,716 70 



$17,649 73 



FALL RIVER MANUFACTURERS' MUTUAL INSURANCE CO. 37 



Liabilities. 

Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, 
Due and accrued for rents, salaries, etc., 
Commissions and brokerage, . 

Gross liabilities, .... 

Net cash assets, .... 



$11,305 71 
1,180 02 
1,296 33 
1,576 03 



|15,358 09 
$2,291 64 



Income. 

Premiums on risks written, 
Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 



Net cash premiums received, 
Grocs cash income, 



$25,267 30 
9,716 70 



$15,550 60 
1,297 36 



Expenditures. 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, . 
for rent and incidentals, . 

Gross cash expenditures, .... 



1,253 24 



$14,253 24 


$2,571 


43 


2,903 


12 


11 


12 


834 54 



$6,320 21 



Risks written during 1894, 
Risks terminated during 1894, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



Risks and Premiums. 

Amount. 

$1,944,935 00 
179,530 00 



$1,765,405 00 
3,500 00 



Cash Prem's. 

$25,267 30 
2,597 47 



$22,669 83 
58 41 



Conting't Prem's. 

$75,801 90 
7,792 41 

$68,009 49 
175 23 



$1,761,905 00 $22,611 42 $67,834 26 



FALL RIVER MANUFACTURERS' MUTUAL INSURANCE 
COMPANY, FALL RIVER. 



[Incorporated Feb. 11, 1870. Commenced business May 1, 1870.] 
THOMAS J. BORDEN, President. CHARLES S. WARING, Secretary. 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Taunton city bonds, $15,000 00 $15,975 00 

Fall River city bonds, 21,000 00 25,170 00 



38 FALL RIVER MANUFACTURERS* MUTUAL INSURANCE CO. 



Boston city bonds, 

Newport (R. I.) city bonds, 

Cleveland (O.) city bonds, 

Chicago, Burl. & Quincy Railroad bonds, 

West End Street Railway bonds, 

Fitch burg Railroad bonds, 

Boston & Lowell Railroad bonds, . 

Boston & Providence Railroad bonds, 

Concord & Montreal Railroad bonds, 

Chicago, Burl. & Quincy R.R. bonds, 

Phila., Wilmington & Baltimore R.R. bonds, 

Old Colony Railroad bonds, 

Boston & Maine Railroad bonds, 



Par Value. 

320,000 00 
20,000 00 
25,000 00 
17,000 00 
15,000 00 
10,000 00 
30,000 00 
20,000 00 
15,000 00 
15,000 00 
20,000 00 
30,000 00 
10,000 00 



Market Value. 

$21,800 00 
21,300 00 
27,125 00 
17,425 00 
15,600 00 
9,800 00 
30,300 00 
21,200 00 
15,450 00 
13,050 00 
20,400 00 
31,950 00 
10,350 00 



$283,000 CO $296,895 00 



Summary of Assets Dec 

Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



31, 1891. 

$296,895 00 

215 53 

29,511 85 

4,153 09 

1,759 74 



$332,535 21 



Liabilities. 

Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, .... 



$157,368 97 
531 35 



157,900 32 



Net cash assets, $ 174,634 89 



Income. 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 



$2,801 17 
322,363 74 

$325,164 91 
1,759 74 

$323,405 17 
8,118 12 



Net cash premiums received, . 

Interest and dividends received from all sources, . 



$315,287 05 
12,655 44 



Gross cash income, $327,942 49 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 



$45,983 40 
222,444 14 



FITCHBURG MUTUAL FIRE INSURANCE CO. 



39 



Cash paid for salaries of officers and employees, . . . $11,37192 

for State and local taxes, 3,154 55 

for rents, 504 00 

for inspections, 5,157 84 

for incidentals, 1,084 06 

Gross cash expenditures, $289,699 91 

Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $34,385,449 00 $308,754 13 $1,543,770 65 

Risks written during 1894, . 36,692,936 00 322,363 74 1,611,818 70 



Total, $71,078,385 00 $631,117 87 $3,155,589 35 

Risks terminated during 1894, . 35,355,91100 316,379 93 1,581,899 65 



In force at end of year, . . $35,722,474 00 $314,737 94 $1,573,689 70 



Miscellaneous. 

Losses incurred during the year, 

Percentage of profits or surplus returned during 1894, , 



$34,634 35 
72 ffo per cent. 



FITCHBURG MUTUAL FIRE INSURANCE COMPANY, 

FITCHBURG. 



[Incorporated March 23, 1847. Commenced business Sept. 1, 1847.] 
AMASA NORCROSS, President. EDWARD P. DOWNE, Secretary. 



Amount of permanent fund, 



$106,226 56 



Detailed Statement of Stocks, 



Cheshire Railroad bonds, . 
Fitchburg Railroad bonds, 
C. N. Nelson Lumber Co. bonds, 
Investment Trust Co. of America, . 
Minnesota Thresher Manufacturing Co., 
City of Fitchburg bonds, . 

10 shares Fitchburg National Bank, 

20 

10 

15 
227 

25 erica, 



Rollston National Bank, . 
Fitchburg Railroad, 
Springfield Safe Deposit Co., 
Minnesota Thresher Manuf 
Investment Trust Co. of Amer 



Co 



Bonds, etc. 

Par Value. 

$5,000 00 

5,000 00 

3,000 00 

7,500 00 

24,000 00 

5,000 00 

1,000 00 

2,000 00 

1,000 00 

1,500 00 

11,500 00 

2,500 00 



Market Value. 

$5,250 00 

5,250 00 

3,000 00 

7,500 00 

24,000 00 

5,000 00 

1,500 00 

3,000 00 

870 00 

1,500 00 

11,500 00 

2,500 00 



$69,000 00 $70,870 00 



40 



FITCHBURG MUTUAL FIRE INSURANCE CO. 



Securities held as collateral for cash loans : — 

50 shares Garfield & Proctor Coal Company, . 
40 " Simonds Manufacturing Company, . 
40 " Simonds Manufacturing Company, . 



Market Value. Loaned Thereon. 

$5,000 00 $4,500 00 

4,000 00 3,000 00 

4,000 00 3,200 00 



$13,000 00 $10,700 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Loans on collateral security, as per schedule, 
All other cash loans, .... 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Due and accrued for rent, salaries, etc., 
Due for borrowed money, 
State and local taxes, 
Gross liabilities, 



Net cash assets, 



31, 1894. 

f 80,1 82 26 

43,973 00 

1,527 73 

70,870 00 

10,700 00 

3,900 00 

1,351 95 

9,302 22 

190 25 

12,035 55 

269 77 



$5,153 96 

1,125 00 

1,950 00 

194,041 78 

3,942 00 

25 00 

25,000 00 

510 29 



LXCOME. 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from borrowed money, 

Gross cash income, .... 



015,550 00 
155,920 53 

$171,470 53 
12,035 55 



sources, 



$15,000 00 



3234,302 73 



231,748 03 
$2,554 70 



8159,434 98 

1,268 91 

4,106 59 

3,975 69 

1,700 06 

|170,486 23 



* Value of lands morteaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



roo oo 

55,100 00 
51,150 00 



FRANKLIN MUTUAL FIRE INSURANCE CO. 41 



Expenditures. 

Cash paid for losses, $ 121, 184 74 

Deduct salvage, 1,727 37 

Net cash paid for losses, $119,457 37 

Cash paid as profits on terminated policies, .... 54,790 46 

for commissions and brokerage, . 24,219 03 

for salaries of officers and employees, . . . 8,570 66 

for State and local taxes, 1,537 12 

for rents, 6,382 14 



Gross cash expenditures, $214,956 78 

Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Eisks outstanding Dec. 31, 1893, $25,168,55100 $392,090 47 $392,090 47 

Risks written during 1894, . 10,046,088 00 155,920 53 155,920 53 



Total, $35,214,639 00 $548,011 00 $548,011 00 

Risks terminated during 1894, . 10,439,051 00 159,927 45 159,927 45 



In force at end of year, . . $24,775,588 00 $388,083 55 $388,083 55 

Miscellaneous. 

Losses incurred during the year, $98,651 00 

Percentage of profits or surplus returned during 1894, 20, 40, 60 per cent. 



FRANKLIN MUTUAL FIRE INSURANCE COMPANY, 

GREENFIELD. 

[Incorporated Feb. 11, 1828. Commenced business Sept. 29, 1829.] 
NELSON BURROWS, President. JOHN D. BOWKER, Secretary. 

Amount of permanent fund, $4,524 52 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

50 shares Greenfield Gas Light Co., . . $2,500 00 $2,500 00 

6 shares Franklin County National Bank, . 600 00 624 00 



$3,100 00 $3,124 00 



Summary of Assets Dec. 31, 1894. 
Cash value of unencumbered real estate, . $1,000 00 

Loans on mortgage of real estate (first liens*), 600 00 

Interest due or accrued thereon, ... 36 00 

* Total value of property mortgaged, $2,000. 



42 



FRANKLIN MUTUAL FIRE INSURANCE CO. 



Stocks, bonds, etc., as per schedule, . 
Loans on personal security, 

Cash deposited in bank 

Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Office furniture, $500 00 

Premiums more than 3 months due, . 1,746 43 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Due and accrued for rents, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Reinsurance, .... 
Gross liabilities, . 

Balance against the company, 



$3,124 00 

270 31 

4,888 82 

28 22 

14,589 11 

150 CO 



1,700 


00 


23,090 


94 


402 


50 


50 87 


3,240 


19 


168 


00 



824,686 46 



28,652 50 
$3,966 04 



Income. 
Premiums outstanding Dec. 31, 1893, 
Same not collected, .... 



Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income 



$4,153 29 
1,374 57 



$2,778 72 
36,467 26 

$39,245 98 
16,335 54 

$22,910 44 
6,418 61 



$16,491 83 

36 00 

243 96 

$16,771 79 



Expenditures. 

Cash paid for losses, 

Deduct salvage, 

Net cash paid for losses, 

Cash paid as profits on terminated policies, 

for commissions and brokerage 

for salaries of officers and employees, 

for State and local taxes, . 

for rents, 

for incidentals, 

Gross cash expenditures, .... 



$12,593 31 

72 86 



$12,520 45 

204 92 

3,042 47 

2,168 00 

124 76 

150 00 

751 95 

1 18,962 55 



GROVEL AND MUTUAL FIRE INSURANCE CO. 



43 



Risks outstanding Dec. 31, 1893 
Risks written during 1894, 



Risks and Premiums. 

Amount. Cash Prem's. 

2,853,552 00 $35,038 58 
2,345,014 00 36,467 26 



Total, 
Risks terminated during 1894, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



$5,198,566 00 
1,867,569 00 

$3,330,997 00 
15,150 00 



$71,505 84 

23,368 92 

$48,136 92 

303 94 



Conting't Prem's. 

$35,038 58 
36,467 26 

$71,505 84 
23,368 92 

$48,136 92 
303 94 



$,315,847 00 $47,832 98 $47,832 98 



Miscellaneous. 
Losses incurred during the year, $10,858 00 

Percentage of profits or surplus returned during 1894, . 20, 25 per cent.* 



GROVELAND MUTUAL FIRE INSURANCE COMPANY, 

GROVELAND. 

[Incorporated March 28, 1828. Commenced business March 28, 1828.] 
# MOSES FOSTER, President. NATHANIEL H. GRIFFITHS, Secretary. 

[Note. — This company charges no cash premiums, hut relies upon assessments on deposit 
notes to pay losses and expenses.] 



Summary of Assets Dec. 31, 1894. 



Cash in the office of the company, . 
Cash deposited in bank, . 

Gross assets, .... 



$72 13 
19 99 



$92 12 



Due for borrowed money, 

Gross linhiliripsi 


Liabilities. 

• • • i 


$1,000 00 


$1,000 00 

$1,318 12 

$2,080 87 

389 52 

1 60 

40 00 

36 53 


Income. 
Received for borrowed money, 

Income from policy fees, 

Income from assessments, . . ... 


$1,000 00 
128 00 
190 12 


Cash paid for losses, 

for salaries of offic 
for State and local 
for rents, . 
for incidentals, 


Expenditures. 

ers and employees, 
taxes, 


. 


Gross cash expenditures, 


$2,548 52 



* For a portion of the year only. 



44 



HAMPSHIRE MUTUAL FIRE INSURANCE CO. 



Risks outstanding Dec. 31, 1893, 
Risks written during 1894, 



Risks and Premiums. 

Amount. Contfng't Prem's. 

$1,634,604 00 $116,530 83 

365,356 00 26,158 61 



Total, 

Deduct risks expired and terminated, 



In force at end of year, 
Losses incurred, 



Miscellaneous 



$1,999,960 00 $142,689 44 
330,265 00 23,572 36 



$1,669,695 00 $119,117 08 
$2,081 00 



HAMPSHIRE MUTUAL FIRE INSURANCE COMPANY, 
NORTHAMPTON. 

[Incorporated March 6, 1830. Commenced business July 1, 1832.] 
CHARLES N. CLARK, President. OLIVER WALKER, Secretary. 

Amount of permanent fund, ....... $27,523 66 



Detailed Statement of Stocks, Bonds, etc. 



63 shares Conn. River R.R., 

20 " Northampton National Bank, 

25 " Chicago, Burl. & Quincy R.R., 

Chicago, Burlington & Quincy bonds, 

Conn. River scrip dividend, 

Kansas Pacific R.R. bonds, . . 



Par Value. 

$6,300 00 
2,000 00 
2,500 00 
400 00 
1,000 00 
5,000 00 



Market Value. 

$15,624 00 

2,800 00 

1,775 00 

406 00 

1,000 00 

3,800 00 



$17,200 00 £25,405 00 



Summary of Assets Dec. 31, 1894. 



Loans on mortgage of real estate (first liens*), 
Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Office furniture, .... $400 00 
Gross assets, . . . 

Liabilities. 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
State and local taxes, .... 
Gross liabilities, 



$18,800 00 

25,405 00 

10 16 

1,015 22 

742 75 



$45,973 13 



Net cash assets, 



$29,926 15 

135 70 

20 60 



30,082 45 



$15,890 68 



* Value of lands mortgaged $15,800 00 

Value of buildings thereon 31,000 00 

Amount of insurance held as collateral, .... 26,800 00 



HINGHAM MUTUAL FIRE INSURANCE CO. 



45 



Income. 

Cash premiums received, .... 
Less reinsurance and return premiums, . 



$11,109 53 
367 64 



Net cash premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



$10,741 89 

998 30 

1,119 35 



Gross cash income, $12,859 54 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 



Gross cash expenditures, 



^8,914 80 

5,408 28 

1,169 76 

1,456 00 

110 88 

365 41 



$17,425 13 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1893, $4,030,423 00 
Risks written during 1894, 796,148 00 



Total, $4,826,571 00 

Risks terminated during 1894, . 856,835 00 



Cash Prem's. Conting't Prem's. 

,354 66 $60,354 66 
11,109 53 11,109 53 



In force at end of year, 



$71,464 19 $71,464 19 
11,611 90 11,611 90 



. $3,969,736 00 $59,852 29 $59,852 29 



. Miscellaneous. 

Losses incurred during the year, $8,914 80 

Percentage of profits or surplus returned during 1894, . . 50 per cent. 



HINGHAM MUTUAL FIRE INSURANCE COMPANY, HINGHAM. 

[Incorporated March 4, 1826. Commenced business Sept. 1, 1826.] 
AMOS BATES, President. HENRY W. CUSHING, Secretary. 

Amount of permanent fund, $193,042 98 



Detailed Statement of Stocks, Bonds, etc. 

Par ValUe. Market Value 

57 shares Hingham National Bank, Hingham, $3,990 00 $4,104 00 

60 " Old Colony Nat'l Bank, Plymouth, . 6,000 00 9,000 00 

8 " Abington National Bank, Abington, 800 00 960 00 



46 



HINGHAM MUTUAL FIRE INSURANCE CO. 



Par Value. Market Value. 

10 shares Globe National Bank, Boston, . $1,000 00 $900 00 
19 " Hamilton National Bank, Boston, . 1,900 00 2,109 00 

29 " Eagle National Bank, Boston, . 2,900 00 2,320 00 
12 " Union National Bank, Boston, . 1,200 00 1,620 00 
34 " State National Bank, Boston, . . 3,400 00 3,944 00 

26 " North America Nat'l Bank, Boston, 2,600 00 2,990 00 

11 " Commerce National Bank, Boston, . 1,100 00 1,248 50 

30 " Webster National Bank, Boston, . 3,000 00 2,910 00 
50 " Hingham Water Company, . . 5,000 00 6,000 00 
92 " Old Colony Railroad, . . . 9,200 00 16,560 00 

109 " Boston & Albany Railroad, . . 10,900 00 22,672 00 

27 " Chicago, Burlington & Quincy R.R., 2,700 00 1,903 50 

Eastern Railroad bonds, 5,000 00 6,075 00 

Union Pacific Railroad bonds, .... 5,000 00 5,125 00 

Chicago, Burlington & Quincy Railroad bonds, 5,800 00 6,834 75 

Hingham Water Company bonds, . . . 10,000 00 10,000 00 

Fitchburg Railroad bonds 15,000 00 16,050 00 

Town of Hull note, 3,500 00 3,500 00 

Town of Hingham note, 6,000 00 6,000 00 



$105,990 00 $132,825 75 



Securities held as collateral for cash loans : — 

Helena Consolidated Water Company bonds 
Boston & Lowell Railroad bonds, 
200 shares Burl., Cedar Rapids & N'th'n R.R. 
100 shares General Electric Company, 
Current River Railroad bonds, . 
200 shares Union Pacific Railroad, . 
Little Rock & Fort Smith Railroad bonds, 
Union Pacific, Denver & Gulf R.R. bonds, 
Cedar Rapids & Missouri River R R. bonds, 

25 shares Edisto Phosphate Co., 

85 " Maine Central R.R., 
200 " Central Mass. R.R., . 

50 " Hereford Railway Co., . 
250 " Metropolitan Steamship Co., 



Market Value. Loaned Thereon. 



$23,700 00 $19,899 00 



19,800 00 15,000 00 



}> 12,830 00 12,000 00 



J 



I 



Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens),* 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 

* Value of lands mortgaged, .... 
Value of buildiuga thereon, 
Amount of insuranee held as collateral, 



2,500 00 


2,000 00 


26,115 00 


20,000 00 


112,500 00 


25,000 00 


$197,445 00 


$93,899 00 


, 1894. 




$4,000 00 

93,800 00 

4,307 16 

132,825 75 




$58,450 00 

. 111,000 00 

98,050 00 



HINGHAM MUTUAL FIRE INSURANCE CO. 



47 



Loans on collateral security, as per schedule, $93,899 00 

All other cash loans, 2,000 00 

Cash in the office of the company, . . . 110 75 

Cash deposited in bank, 47,215 82 

Interest due and accrued, 1,859 75 

Premiums in course of collection (gross), . 1,329 76 

Gross assets, $381,347 99 

Liabilities. 

Losses adjusted, unpaid, $840 00 

Losses claimed and reported, . . . . 110 00 

Unearned premiums on outstanding risks, . 199,355 81 

Surplus due on terminated policies, . . . 2,477 07 

Commissions and brokerage, . . . . 199 46 

Gross liabilities, 202,982 34 

Net cash assets, $178,365 65 



$1,004 97 
71,314 02 

$72,818 99 
1,329 76 

$70,989 23 
2,745 89 



Income. 
Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 

Net cash premiums received, .... 

Received for extra premiums, 

Interest received on mortgages, . . . . 
Interest and dividends received from all other sources, . 

Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



Gross cash expenditures, 



$68,243 34 

2,157 51 

4,917 32 

13,148 15 

$88,466 32 



$40,241 69 

39,813 82 

10,418 03 

4,672 14 

736 36 

884 71 

$96,766 75 



Risks and Premiums. 



Amount. Cash Prem's. Conting"t Prem's. 

Risks outstanding Dec 31, 1893, $26,625,291 00 $387,307 46 $387,307 46 
Risks written during 1894, . 4,874,110 00 71,314 02 71,314 02 



Total, .... $31,499,401 00 $458,621 48 $458,621 48 
Risks terminated during 1894, . 4,113,802 00 59,909 86 59,909 86 



In force at end of year, 



. $27,385,599 00 $398,711 62 $398,711 62 



48 



HOLYOKE MUTUAL FIRE INSURANCE CO. 



Miscellaneous. 
Losses incurred during the year, .... 
Percentage of profits or surplus returned during 1894, 



$41,042 00 
50, 70 per cent. 



HOLYOKE MUTUAL FIRE INSURANCE COMPANY, 

SALEM. 

[Incorporated March 14, 1843. Commenced business May 23, 1843.] 

CHARLES H. PRICE, President. WALTER L. HARRIS, Secretary. 

THOS. H. JOHNSON, Vice-President. 

Guaranty Capital, $100,000. 

Amount of permanent fund, $494,105 40 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

$5,000 00 $5,150 00 

2,000 00 2,130 00 

5,000 00 5,112 50 

5,000 00 5,200 00 

16,000 00 19,410 00 

15,000 00 15,825 00 

13,000 00 14,305 00 

2,000 00 2,000 00 

5,000 00 5,550 00 

4,000 00 4,480 00 

10,000 00 10,525 00 

6,000 00 6,000 00 

5,000 00 5,400 00 

7,000 00 7,245 00 

8,000 00 8,400 00 

5,000 00 5,375 00 

10,000 00 10,350 00 

5,000 00 5,150 00 

5,000 00 5,950 00 

10,000 00 11,000 00 

24,500 00 25,296 25 

5,000 00 5,437 50 

25,000 00 27,125 00 

12,000 00 7,560 00 

10,000 00 10,100 00 

10,000 00 12,000 00 

10,000 00 9,600 00 

10,000 00 10,300 00 

10,000 00 11,900 00 

16,500 00 19,882 50 



Marion County (Ind.) bonds, . 

Washington County (111.) bonds, 

Boston (Mass.) city bonds, 

Birmingham (Ala.) city bonds, 

Cincinnati (Ohio) city bonds, . 

Columbus (Ohio) city bonds, . 

Cleveland (Ohio) city bonds, . 

Chicago (111.) city bonds,. 

Cambridge (Mass.) city bonds, 

Des Moines (Iowa) city bonds, 

Dayton (Ohio) city bonds, 

Evansville (Ind.) city bonds, . 

Jersey City (N. J.) city bonds, 

Jeffersonville (Ind.) city bonds, 

Lynn (Mass.) city bonds, . 

Lawrence (Mass.) city bonds, . 

Maiden (Mass ) city bonds, 

Milwaukee (Wis.) city bonds, . 

New Haven (Conn.) city bonds, 

Orange (N. J.) city bonds, 

Omaha (Neb.) city bonds, 

St. Louis (Mo.) city bonds, 

St. Paul (Minn.) city bonds, 

Atchison, Topeka & Santa Fe Railroad bonds 

Boston & Maine Railroad bonds, 

Baltimore & Ohio Railroad bonds, 

Burlington & Missouri River R.R. (Neb.) bonds 

Cincinnati, Hamilton & Dayton Railroad bonds 

Chesapeake & Ohio Railroad bonds, 

Chicago, Burlington & Quincy R.R. bonds, 



HOLYOKE MUTUAL FIRE INSURANCE CO. 



49 



Chicago, Burlington & Northern RR. bonds, 

Chicago & Alton Railroad bonds, 

Chicago & Eastern Illinois Railroad bonds, 

Chicago & West Indiana Railroad bonds, 

Central Pacific Railroad bonds, 

Central New Jersey Railroad bonds, 

Eastern Railroad bonds, . 

East Middlesex Street Railroad bonds, 

Housatonic Railroad bonds, 

Jackson, Lansing & Saginaw Railroad bonds, 

Kansas City, St. Jo. & C. B. Railroad bonds, 

Kansas City, Ft. S. & Memphis R.R. bonds, 

Lehigh Valley Railroad bonds, 

New York and New England Railroad bonds 

New Haven and Derby Railroad bonds, . 

Northwestern Union Railroad bonds, 

Terre Haute & So. Eastern Railroad bonds, 

Utah & Northern Railroad bonds, . 

Union Pacific Railroad bonds, . 

Consolidated Vermont Railroad bonds, . 

Boston Building Co., Denver, Col., bonds, 

Col. M. S. Exchange, Denver, Col., bonds, 

Delaware & Hudson Canal Company bonds, 

Keokuk Water Company bonds, 

Western Union Telegraph Company bonds, 

31 shares Old Colony Railroad, 

50 " Portland, Portsmouth & Saco R.R. 
100 " Pitts., Ft. Worth & Chicago R.R., 

40 " National Exchange Bank, Salem, 
10 " First National Bank, Salem, . 

10 " Merchants 1 National Bank, Salem, 
35 " Mercantile National Bank, Salem, 

41 " Naumkeag National Bank, Salem, 
140 " Salem National Bank, Salem, 

30 " Atlantic National Bank, Boston, 

10 " Blackstone National Bank, Boston, 

31 " Continental National Bank, Boston, 
50 " Freeman's National Bank, Boston, 
30 " Globe National Bank, Boston, 

100 " Merchants' National Bank, Boston 
50 " Republic National Bank, Boston, 
30 " Revere National Bank, Boston, 

100 " Second National Bank, Boston, 
40 " Shoe and Leather Nat'l Bank, Boston, 
10 " Beverly National Bank, Beverly, 
20 " So. Danvers Nat'l Bank, Peabody, 
12 " First National Bank, Newburyport, 



Par Value. 

$ 10,000 00 

5,000 00 

5,000 00 

8,000 00 

7,000 00 

7,000 00 

10,000 00 

10,000 00 

10,000 00 

6,000 00 

5,000 00 

8,000 00 

5,000 00 

15,000 00 

20,000 00 

8,000 00 

5,000 00 

10,000 00 

28,000 00 

2,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

5,000 00 

3,100 00 

5,000 00 

10,000 00 

4,000 00 

1,000 00 

500 00 

3,500 00 

4,100 00 

14,000 00 

3,000 00 

1,000 00 

3,100 00 

5,000 00 

3,000 00 

10,000 00 

5,000 00 

3,000 00 

10,000 00 

4,000 00 

1,000 00 

2,000 00 

1,200 00 



Market Value. 

$10,400 00 

5,775 00 

5,900 00 

9,280 00 

7,420 00 

8,050 00 

12,150 00 

10,200 00 

12,100 00 

6,150 00 

6,175 00 

8,000 00 

6,050 00 

16,890 00 

23,200 00 

10,800 00 

5,500 00 

5,000 00 

27,230 00 

1,740 00 

10,100 00 

10,000 00 

7,225 00 

10,000 00 

5,500 00 

5,580 00 

6,550 00 

15,700 00 

3,720 00 

950 00 

680 00 

3,920 00 

5,125 00 

17,080 00 

3,855 00 

997 50 

3,433 25 

4,500 00 

2,700 00 

15,700 00 

7,950 00 

2,857 50 

18,000 00 

3,560 00 

1,400 00 

2,325 00 

1,536 00 



$596,500 00 $662,713 00 



50 



HOLYOKE MUTUAL FIRE INSURANCE CO. 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered reitl estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, „ 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross) 
Gross assets, .... 

Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 
Return premiums on cancelled policies, 
Commissions and brokerage, . 
Gross liabilities, 



Net cash assets, 



Income. 
Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash premiums received, . 
Received for extra premiums, . 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, $189,111 62 



$43,150 00 
115,700 00 

3,967 25 
662,713 00 

8,014 64 
11,118 77 

7,830 45 

1,720 35 



$ 2,300 00 

285,626 44 

1,044 03 

249 97 

353 70 



$1,193 21 
151,767 67 

$152,960 88 
1,720 35 

$151,240 53 
4,527 43 



other sources, 



$854,214 46 



289,574 14 
$564,640 32 



$146,713 10 

1,991 27 

5,357 09 

32,419 39 

2,630 77 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, ..... 

Cash paid as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 

for dividends on guaranty capital, . 

Gross cash expenditures, .... 



$73,073 64 
238 80 



$72,834 84 

64,888 83 

23,145 62 

15,722 50 

1,609 42 

4,815 03 

7,000 00 

$190,016 24 



Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



M19 
160 



750 00 
400 00 



106,700 00 



INDUSTRIAL MUTUAL FIRE INSURANCE CO. 



51 



Risks and Premiums. 

Amount. Cash Prem's. Contlng't Prem's. 

Risks outstanding Dec. 31, 1893, $37,413,827 00 $539,022 70 $539,022 70 

Risks written during 1894, . 10,225,962 00 151,767 67 151,767 67 



Total, $17,639,789 00 $690,790 37 $690,790 37 

Risks terminated during 1894, 8,264,652 00 119,537 49 119,537 49 



In force at end of year, . . $39,375,137 00 $571,252 88 $571,252 88 
Deduct amount reinsured, . 39,052 00 469 18 469 18 



Net amount in force, . . $39,336,085 00 $570,783 70 $570,783 70 

Miscellaneous. 

Losses incurred during the year, $67,802 00 

Percentage of profits or surplus returned during 1894, 25, 50, 70 per cent. 



INDUSTRIAL MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated April 17, 1890. Commenced business June 1, 1890 ] 
B. F. TAFT, President. BENJAMIN" TAFT, Secretary. 

Office, 31 Milk Street. 



Detailed Statement of Stocks, Bonds, etc. 



West End Street R.R. bonds, 
Lynn & Boston R.R. bonds, 
Maine Central R R. bonds, 
Conn. River R.R. scrip, 
Cheshire R.R bonds, 
100 shares United States Rubber Co 
Corporation notes, 



Summary of Assets Dec 
Stocks, bonds, etc , as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums iu course of collection (gross) 
Gross assets, .... 

Liabilities. 

Unearned premiums on outstanding risks, 

State and local taxes, .... 

Gross liabilities, .... 

Net cash assets, 



Par Value. 

$25,000 00 

5,000 00 

5,000 00 

5,000 00 

500 00 

10,000 00 

47,749 32 



Market Value. 

$25,750 00 
5,050 00 
5,175 00 
5,075 00 
532 50 
9,800 CO 
47,749 32 



$98,249 32 $99,131 82 

31, 1894. 

$99,131 82 

906 32 

19,647 44 

1,356 64 

3,907 70 

$124,949 92 



$77,149 05 
392 99 
77,542 04 

. $47,407 88 



52 



LOWELL MUTUAL FIRE INSURANCE CO. 



Income. 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



89,105 84 
154,298 10 



Total, $163,403 94 

Premiums now in course of collection, . . 3,907 70 



Net cash premiums received, 

Interest and dividends received from all sources, . 



$159,496 24 
4,570 36 



Gross cash iucome, $164,066 60 

Expenditures. 



Cash paid for losses, $35,672 12 

as profits on terminated policies, .... 55,857 75 

lor inspections, 3,539 32 

for salaries of officers and employees, . . . 4,780 00 

for State and local taxes, 1,443 37 

for incidentals, 6,741 08 

Gross cash expenditures, $108,033 64 

Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $9,962,886 00 $95,395 18 $476,975 90 

Risks written daring 1894, . 15,766,659 00 154,298 10 771,490 50 



Total, .... $25,729,545 00 $249,693 28 §1,248,466 40 
Risks terminated during 1894, 10,668,274 00 99,423 44 497,117 20 



In force at end of year, . .$15,061,27100 $150,269 84 $751,349 20 

Miscellaneous. 

Losses incurred during the year, $18,106 00 

Percentage of profits or surplus returned during 1894, . 57\$q per cent. 



LOWELL MUTUAL FIRE INSURANCE COMPANY, LOWELL. 

[Incorporated March 6, 1832. Commenced husinesa April, 1832.] 
J. C. ABBOTT, President. E. T. ABBOTT, Secretary. 



Amount of permanent fund Dec 31, 1893, 
Increase during the year, 

Permanent fuud Dec. 31, 1894,. 



$73,572 91 
4,385 08 

$77,957 99 



LOWELL MUTUAL FIRE INSURANCE CO. 



53 



Detailed Statement of Stocks, Bonds, etc. 



Boston & Lowell Railroad bonds, . 
Lowell & Lawrence Railroad bonds, 
Fitchburg Railroad bonds, 
Consolidated Railroad of Vermont bond, 

Boston city bond, 

Maine Central Railroad bonds, 
30 shares Lowell Bleachery, 

2 " Pacific Mills, .... 
20 " Lawrence Manufacturing Company 

2 " Hamilton Manufacturing Company 
10 " Lowell Manufacturing Company, 
50 " Massachusetts Cotton Mills, . 

5 " Appleton Company, . 
12 " Merrimack Manufacturing Company, 
50 " Franklin Manufacturing Company, 
30 " Hill Manufacturing Company, 

6 " Vermont & Massachusetts Railroad 
30 " Boston & Maine Railroad, 
20 " Boston & Lowell Railroad, 
20 " First National Bank, Lowell, . 



Par Value. 

$10,000 00 
4,000 00 
3,000 00 
1,000 00 
2,000 00 
6,000 00 
3,000 00 
2,000 00 
2,000 00 
2,000 00 
6,900 00 
5,000 00 
5,000 00 
12,000 00 
5,000 00 
3,000 00 
600 00 
3,000 00 
2,000 00 
2,000 00 



Market Value. 

$ 10,280 00 
4,120 00 
2,940 00 

860 00 
2,260 00 
5,760 00 
3,135 00 
3,390 00 
2,540 00 
1,930 00 
5,750 00 
5,012 50 
2,500 00 
14,040 00 
5,700 00 
1,800 00 

876 00 
4,770 00 
3,930 00 
3,440 00 



$79,500 00 $85,033 50 



Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens*), $12,250 00 

Interest due or accrued thereon, . . . 235 80 

Stocks, bonds, etc , as per schedule, . . . 85,033 50 

Cash in the office of the company, ... 81 84 

Cash deposited in bank, 12,205 96 

Interest due and accrued, 735 00 

Premiums in course of collection (gross), . 4,20157 
Premiums more than 3 months due, . $219 09 

Gross assets, 



14,743 67 



Liabilities. 

Unearned premiums on outstanding risks, . $41,756 27 

Surplus due on terminated policies, . . . 1,137 51 

Commissions and brokerage, .... 544 21 

Gross liabilities, 



43,437 99 



Net cash assets, $71,305 68 

* Value of lands mortgaged, $10,500 00 

Value of buildings thereon, 14,500 00 

Amount of insurance held as collateral, .... 11,100 00 



54 



LOWELL MUTUAL FIRE INSURANCE CO. 



Income. 

Premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from commissions, etc., 

Gross cash income, 



$4,827 45 
503 02 

$4,324 43 
29,243 35 

$33,567 78 
4,420 66 

$29,147 12 
1,160 66 



sources, . 



$27,986 46 

184 20 

689 50 

3,778 17 

4,000 00 

$36,638 33 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of officers and emplojees, 

for state and local taxes, . 

for rents, ...... 

for incidentals, 

Gross cash expenditures, .... 



$4,936 28 

10,537 92 

3,041 61 

5,320 00 

404 81 

500 00 

1,245 38 

$25,986 00 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $4,921,852 00 $76,393 20 $76,393 20 



Risks written during 1894, 

Total, . 
Risks terminated during 1894, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



1,789,883 00 29,243 35 29,243 35 



6,711,735 00 $105,636 55 $105,636 55 
1,505,758 00 21,841 66 21,841 66 



$5,205,977 00 
20,600 00 



$83,794 89 
232 35 



$83,794 89 
232 35 



$5,185,377 00 $83,562 54 $83,562 54 



Miscellaneous. 
Losses incurred during the year, 



$4,936 00 



Percentage of profits or surplus returned during 1894, 33^, 50, 70 per cent. 



LYNN MUTUAL FIRE INSURANCE CO. 



55 



LYNN MUTUAL FIRE INSURANCE COMPANY, LYNN. 

[Incorporated Feb. 20, 1828. Commenced business Aug. 1, 1828.] 
RUFUS KIMBALL, President. ISRAEL AUGUSTUS NEWHALL, Secretary. 

Amount of permanent fund Dec. 31, 1894, .... $56,910 38 
Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

40 shares First National Bank, Lynn, . . $4,000 00 $6,000 00 

20 " National City Bank, Lynn, . . 2,000 00 3,700 00 

5 " Central National Bank, Lynn, . . 500 00 800 00 

10 " Merchants 1 National Bank, Boston, . 1,000 00 1,575 00 

15 " West Newton National Bank, . . 1,500 00 1,890 00 

35 " Atchison, Topeka & Santa Fe R R., . 3,500 00 158 00 

Chicago, Milwaukee & St. Paul R.R. bonds, . 1,000 00 1,150 00 

Southern Pacific Railroad bonds, s . . . 500 00 575 00 

Atlantic & Pacific Railroad bonds, . . . 1,000 00 450 00 

Mexican Central Railroad bonds, . . . 1,000 00 545 00 

Toledo city bonds, 1,000 00 1,040 00 

Lynn & Boston Railroad bonds, . . . 3,000 00 3,060 00 

Chicago & Great Western Railroad bonds, . 2,000 00 2,050 00 

Oregon Short Line Railroad bonds, . . 2,000 00 1,790 00 

Ohio & West Virginia Railroad bonds, . . 1,000 00 1,170 00 

Ogdensburg & Lake Champlain R.R bonds, . 2,000 00 2,060 00 

East Middlesex Railroad bonds, . . . 2,000 00 2,080 00 

Equitable Mortgage Company bonds, . . 1,000 00 1,000 00 

Atchison, Topeka & Santa Fe Railroad bonds, 7,000 00 3,100 00 

City of Sioux City bond 500 00 520 00 

Boston, Revere Beach & Lynn Railroad bonds, 2,000 00 2,100 00 



,500 00 $36,813 00 



Securities held as collateral for cash loans : — 
Real estate mortgage assigned, 



Loaned Thereon. 

$3,000 00 



Summary of Assets Dec. 

Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Loans on collateral security, as per schedule, 
All other cash loans, .... 

Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 



31, 1894. 

$23,925 00 

1,562 21 

36,813 00 

3,000 00 

1,196 20 

99 61 

1,565 50 

558 93 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$25,250 00 
35,500 00 
30,300 00 



56 



LYNN MUTUAL FIRE INSURANCE CO. 



Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$ 3 75 

18 00 



$68,742 20 



Liabilities. 

Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 
Due and accrued for rent, salaries, etc., . 

Due on mortgage, 

Gross liabilities, .... 

Net cash assets, 



$12,990 33 

223 25 

100 00 

1,625 00 



14,938 58 



$53,803 62 



Income. 
Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other sources, 



$14 25 
6,366 01 



$6,380 


26 


3 


75 


$6,376 51 


262 


50 



Gross cash income, 



$6,114 01 

45 01 

953 83 

1,733 48 

$8,846 33 



Expenditures. 



Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 
for rent and incidentals, , 



Gross cash expenditures, 



$898 16 


6,452 02 


2,100 00 


56 04 


702 46 


$10,208 68 



Risks and Premiums. 

Amount. Cash Prem's. Contingt PrenTs. 

Risks outstanding Dec. 31, 1893, $1,999,627 00 $26,417 22 .'.834 44 

Risks written during 1894, . 466,423 00 6,366 01 12,732 02 



Total, .... $2,466,050 CO $32,783 23 $65,566 46 

Risks terminated during 1894, 488,120 00 6,802 56 13,605 12 



In force at end of year, . 



,977,930 00 $25,980 67 1,961 34 



MELROSE MUTUAL FIRE INSURANCE CO. 



57 



Miscellaneous. 

Losses incurred during the year, 

Percentage of profits or surplus returned during 1894, 



$383 00 
. 100 per cent. 



MELROSE MUTUAL FIRE INSURANCE COMPANY, MELROSE. 

[Incorporated March 22, 1894. Commenced business Sept. 1, 1894.] 
F. E. ORCUTT, President. HENRY E. JOHNSON, Secretary. 



Summary of Assets Dec. 31, 1894. 

Cash in the office of the company, . . . $76 91 

Cash deposited in bank, 3,057 28 

Premiums in course of collection (gross), . 16,539 26 
Office furniture, .... $100 00 

Gross assets, 



$19,673 45 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance, .... 
Gross liabilities, 

Net cash assets, . 



8705 36 

3,000 00 

10,870 79 

3,272 97 

10 00 



17,859 12 
$1,814 33 



Income 
Premiums on risks written, 
Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 



Gross cash income, 



522,182 16 
16,539 26 



$5,642 90 
234 87 



$5,408 03 
$5,408 03 



Expenditures. 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for incidentals, . . . 

Gross cash expenditures, .... 



$925 


23 


1,000 


00 


11 


74 


50 00 


286 


87 



$2,273 84 



58 merchants' and farmers' mutual FIRE INSURANCE CO. 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks written during 1894, . $3,815,572 00 $22,182 16 $66,546 48 

Risks terminated during 1894, . 82,400 00 428 03 1,284 24 



In force at end of year, . 
Deduct amount reinsured, 



1,733,172 00 $21,754 08 $65,262 24 
1,250 00 12 50 37 50 



Net amount in force, . $3,731,922 00 $21,741 58 $65,224 74 



Miscellaneous. 
Losses incurred during the year, 



$3,705 00 



MERCHANTS' AND FARMERS' MUTUAL FIRE INSURANCE 
COMPANY, WORCESTER. 

[Incorporated April 1, 1846. Commenced business Jan. 1, 1847. | 
JOHN D. WASHBURN, President. ELIJAH B. STODDARD, Secretary. 

Amount of permanent fund, $120,252 29 



Detailed Statement of Stocks, 

60 shares Atch., Topeka & Santa Fe R.R., 

50 

25 

20 

20 

13 

25 

29 

56 

25 

61 

34 

25 

10 



Union Pacific Railroad, 
Wachusett National Bank, 
Westminster National Bank, . 
Central National Bank, 
Mechanics' National Bank, 
Quinsigamond National Bank, . 
Wor., Nashua & Rochester R.R., 
Chicago & Alton Railroad, 
Chicago, Burlington & Quincy R.R. 
Boston & Albany Railroad, 
Providence & Worcester Railroad, 
Norwich & Worcester Railroad, 
Boston & Maine Railroad, 
Providence & Worcester Railroad bonds, 
Lawrence city bonds, .... 
Eastern Railroad of Minnesota bonds, 
Chicago, Burlington & Quincy R.R. bonds, 
Atchison, Topeka & Santa Fe R R. bonds, 
City of Grand Haven, Mich., bonds, 
Corporation note, 



Bonds, etc. 

Par Value. 

$6,000 00 

5,000 00 

2,500 00 

2,000 00 

2,000 00 

1,300 00 

2 500 00 

2,900 00 

5,600 00 

2,500 00 

6,100 00 

3,400 00 

2,500 00 

1,000 00 

25,000 00 

10,000 00 

5,000 00 

500 00 

13,900 00 

10,000 00 

750 00 



Market Value. 

$300 00 
600 00 
5,000 Q0 
2,000 00 
2,950 00 
1,300 00 
3,412 00 
3,625 00 
8,176 00 
1,775 00 

12,749 00 
8,500 00 
4,375 00 
1,600 00 

26,300 00 

11,800 00 

5,500 00 

500 00 

6,777 00 

10,000 00 
750 00 



$110,450 00 $117,989 00 



merchants' and farmers' mutual FIRE INSURANCE CO. 59 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Loans on personal security, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, . - . 
Premiums in course of collection (gross), 
Premiums more than 3 months due, $839 76 
Gross assets, 



$33,800 00 

72,250 00 

6,443 71 

117,989 00 

413 43 

435 00 

3,556 97 

2,250 00 

6,424 11 



$243,562 22 



Liabilities. 

Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Commissions and brokerage, . 

Gross liabilities, .... 

Net cash assets, ..... 



$1,925 00 

663 00 

172,948 10 

2,500 00 

1,052 68 



179,088 78 



$64,473 44 



Income 

Premiums outstanding Dec. 31, 1893, 
Same not collected, . . . 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 



Gross cash income, 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



5,986 66 
398 69 



$8,587 97 
99,451 64 

$108,039 61 
7,263 87 

$100,775 74 
3,994 30 



sources, 



,781 44 

952 28 

3,167 92 

5,903 73 

1,069 76 



$107,875 13 



$91,500 00 

126,000 00 

82,200 00 



60 



MERRIMACK MUTUAL FIRE INSURANCE CO. 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

for expenses on real estate, . 



Gross cash expenditures, $126,333 39 



$58,870 86 

39,725 21 

14,831 41 

7,206 76 

1,804 97 

3,810 44 

83 74 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $23,420,534 00 $346,154 70 £346,154 70 

Risks written during 1894, . 6,689,376 00 99,451 64 99,451 64 



Total, .... $30,109,910 00 $445,606 34 $445,606 34 

Risks terminated during 1894, . 6,843,163 00 99,710 13 99,710 13 



In force at end of year, . . $23,266,747 00 $345,896 21 $345,896 21 

Miscellaneous. 

Losses incurred during the year, $54,036 00 

Percentage of profits or surplus returned during 1894, 20, 40, 60 per cent. 



MERRIMACK MUTUAL FIRE INSURANCE COMPANY, ANDOVER. 

[Incorporated Feb. 7, 1828. Commenced business April 8, 1828.] 
WM. 8. JENKINS, President. JOSEPH A. SMART, Secretary. 

Amount of permanent fund, $150,206 00 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Cincinnati city bonds § 16,000 00 $19,880 00 

Fall River city bonds, 10,000 00 10,477 50 

Lynn city bonds 5,000 00 5,550 00 

United States bonds, 27,000 00 28,620 00 

Cambridge Horse Railroad bond, . . . 15,000 00 15,750 00 

Metropolitan Horse Railroad bonds, . . 10,000 00 10,500 00 

Boston & Maine Railroad bonds, . . . 2,000 00 2,060 00 

Old Colony Railroad bonds, .... 10,000 00 10,300 00 

Chicago, Burlington & Quincy R.R. bonds, . 10,000 00 10,650 00 

Chicago & Northwestern Railroad bonds, . 5,000 00 5,250 00 

Chicago, Milwaukee & St. Paul R.R bonds, . 5,000 00 5.425 00 

Lynn & Boston Horse Railroad bonds, . . 10,000 00 10,000 00 

Spokane and Palouse Railroad bonds, . . 5,000 00 3,900 00 

Salem (Ohio) Water Company bonds, . . 6,000 00 4,750 00 



MERRIMACK MUTUAL FIRE INSURANCE CO, 



61 



Helena (Montana) Water Company bonds, 

Chicago, Wisconsin and Minn. R.R. bonds, 

Northern Pacific & Montana Railroad bonds, 

Chicago, Peoria & St. Louis Railroad bonds, 

50 shares Boston Investment Company, 

Auburn city Railway bouds, 

Cleveland Cable bonds, . 

Andover Electric Company bonds, 

Andover water bonds, 

Globe Street Railway bonds, . 

Seattle city bonds, . 

Chicago city bonds, . 

15 shares Lawrence National Bank, 

19 shares Andover National Bank, 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, 
Surplus due on terminated policies, . 
Commissions and brokerage, . 

Gross liabilities, .... 



Par Value. 

$5,000 00 
5,000 00 

10,000 00 
5,000 00 
5,000 00 

10,000 00 
8,000 00 
5,500 00 
9,000 00 

10,000 00 
5,000 00 
6,000 00 
1,500 00 
1,900 00 



Market Value. 

$•4,000 00 
5,000 00 
3,400 00 
3,500 00 
1,250 00 
5,000 00 
7,920 00 
6,050 00 
9,810 00 
9,900 00 
5,100 00 
6,060 00 
1,800 00 
1,995 00 



$222,900 00 $213,897 50 

31, 1894. 

$8,000 00 

45,900 00 

708 31 

213,897 50 

90 96 

6,419 33 

4,359 06 

11,631 99 

$291,007 15 



Net cash assets, 



Income 
Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 



$1,751 98 

226,551 60 

182 34 

4,595 33 

1,794 84 



234,876 09 
$56,131 06 



$11,364 57 
107,081 80 

$118,446 37 
11,631 99 

$106,814 38 
3,768 66 



$103,045 72 



* Value of lands mortgaged, . . . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$29,700 00 
69,250 00 
64,650 00 



62 



MIDDLESEX MUTUAL FIRE INSURANCE CO. 



Received for extra premiums, 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 
Income from bonds sold, 



Gross cash income, 



$1,362 46 
1,794 15 

12,016 38 
1,450 00 



$119,668 71 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for commissions and brokerage, . . 
for salaries of officers and employees, 
for State and local taxes, . 

for rents, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



174,408 69 

48,776 32 

16,222 57 

7,279 00 

961 86 

600 00 

4,117 02 

$152,365 46 



Amount. Cash Prem's. Conting't Prem's. 

Risks outstandingDec. 31, 1893, $28,048,474 00 $432,694 73 $432,694 73 
Risks written during 1894, . 6,841,416 00 107,081 80 107,081 80 



Total £34,889,890 00 $539,776 53 $539,776 53 

Risks terminated during 1894, . 5,714,017 00 86,673 33 86,673 33 



In force at end of year, . . $29,175,873 00 $453,103 20 $453,103 20 

Miscellaneous. 

Losses incurred during the year, $66,005 00 

Percentage of profits or surplus returned during 1894, . 25, 50, 70 per cent. 



MIDDLESEX MUTUAL FIRE INSURANCE COMPANY, CONCORD. 

[Incorporated March 3, 1826. Commenced business March 29, 1826.] 
GEORGE HEY WOOD, President. RICHARD F. BARRETT, Secretary. 

Amount of permanent fund, $327,532 84 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Valne. 

33 shares Blackstone National Bank, Bcston, $3,300 00 $3,291 75 

15 " Merchants' National Bank, Boston, 1,500 00 2,358 75 

26 " Webster National Bank, Boston, . 2,600 00 2,522 00 

53 " Boston National Bank, Boston, . 5,300 00 5,326 50 

25 " Eliot National Bank, Boston, . . 2,500 00 3,337 50 



MIDDLESEX MUTUAL FIRE INSURANCE CO. 



63 



54 shares Howard National Bank, Boston, 
30 " Revere National Bank, Boston, 

113 " Shawmut National Bank, Boston, 
20 " Faneuil Hall Nat'l Bank, Boston, 
44 " No. American Nat'l Bank, Boston, 
10 " Central National Bank, Boston, 
30 " Traders' National Bank, Boston, 
18 " State National Bank, Boston, . 
10 " Market National Bank, Boston, 
5 " Suffolk National Bank, Boston, 
30 " Commercial Nat'l Bank, Boston, 
33 " Concord National Bank, Concord, 
57 " Boston & Albany Railroad, 
88 T 5 2 ff " Cleveland and Canton Railroad, 

100 " Fitchburg Railroad, 
50 " Philadelphia, Wil. & Bait. R.R., 

216 " Chicago, Burl. & Quincy Railroad 

230 " Atchison, Topeka & Santa Fe R.R. 

120 " Pullman Palace Car Co., 
50 " Massachusetts Real Estate Co., 

Eastern Railroad bonds, .... 

Burlington & Missouri Railroad bonds, . 

Chicago, Burlington & Quincy R.R. bonds, 

Portland & Ogdensburg R R. bonds, 

Akron & Chicago June. Railroad bonds, . 

Chicago, Burlington & Northern R.R. bonds, 

Atchison, Topeka & Santa Fe Railroad bonds 

Fitchburg Railroad bonds, 

Cincinnati, Ham. & Dayton Railroad bonds, 

Concord and Montreal Railroad bonds, 

Conn. & Passumpsic Rivers RR. bonds, 

Cleveland, L. & Wheeling RR., 

East Middlesex Street Railway bonds, 

Globe Street Railway bonds, 

Illinois Steel Company bonds, 

United States bonds,. 

Bath city bonds, 

Toledo city bonds, . 

Cambridge city bonds, 

Omaha city bonds, . 

Concord water bonds, 

Concord school loan, 



Par Value. 

$5,400 00 

3,000 00 

11,300 00 

2,000 00 

4,400 00 

1,000 00 

3,000 00 

1,800 00 

1,000 00 

500 00 

3,000 00 

3,300 00 

5,700 00 

8,852 00 

10,000 00 

2,500 00 

21,600 00 

23,000 OO 

12,000 00 

5,000 00 

6,000 00 

7,000 00 

14,000 00 

20,000 00 

10,000 00 

2,000 00 

6,328 75 

20,000 00 

10,000 00 

25,000 00 

15,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

3,000 00 

10,000 00 

20,000 00 

5,000 00 

4,500 00 

1,000 00 



Market Value. 

$5,238 00 

2,880 00 

13,334 00 

2,700 00 

5,060 00 

1,300 00 

1,935 00 

2,088 00 

850 00 

502 50 

2,430 00 

5,379 00 

11,970 00 

221 30 

8,700 00 

3,237 50 

16,228 00 

977 50 

18,450 00 

4,000 00 

7,290 00 

6,790 00 

15,000 00 

21,2oO 00 

10,400 00 

2,080 00 

2,485 88 

20,400 00 

10,500 00 

26,000 00 

15,750 00 

10,200 00 

10,400 00 

10,000 00 

9,500 00 

11,325 00 

3,360 00 

10,600 00 

21,350 00 

5,237 50 

5,400 00 

1,100 00 



$372,380 75 f360,685 68 



Securities held as collateral for cash loans : — 

10 shares Ashland Water Co., .... 
8 " American Powder Mills, . 



Market Value. 

$950 00 
1,200 00 



Loaned Thereon. 



$1,800 00 



64 



MIDDLESEX MUTUAL FIRE INSURANCE CO. 



9 shares Chicago & West Michigan R.R., 
8 " New England Tel. & Tel. Co., . 

71 " Illinois Steel Co., 

58 " Pemberton Mills, 

60 " Chicago, R. I. & P. Railroad, . 

Lake Shore Railroad bonds, 

Crystal Lake water bonds, 

7 shares American Bell Telephone. Co., . 



Market Value. Loaned Thereon. 



126 00 ^ 



536 00 ! 

3,408 00 
7,250 00 J 

3,870 00 ^ 

1,200 00 5 

1,000 00 ) 

1,331 75 



$8,500 00 

4,500 00 
1,000 00 



$20,871 75 $15,800 00 



Summary of Assets Dec 31, 1894. 



Cash value of unencumbered real estate, . 

Loans on mortgage of real estate (first liens*), 

Interest due or accrued thereon, 

Stocks, bonds, etc., as per schedule, . 

Loans on collateral security, as per schedule, 

Loans on personal security, 

Cash in the office of the company, . 

Cash deposited in bank 

Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 
Commissions and brokerage, . 

Gross liabilities, 



Net cash assets, 



$31,700 00 

97,675 00 

4,822 08 

360,685 68 

15,800 00 

32,850 00 

2,976 13 

12,924 84 

3,916 39 

14,741 38 

350 00 



$1,034 00 

273,478 65 

5,345 36 

2,058 45 



Income. 

Premiums outstanding Dec. 31, 1893, . . $14,510 50 
Premiums on risks written or renewed, . . 146,901 41 

Total, $161,411 91 

Premiums now in course of collection, . . 14.741 38 

Entire premiums collected, .... $146,670 53 
Less reinsurance and return premiums, . . 2,740 07 

Net cash premiums received, .... 

Received for extra premiums, 

Interest received on mortgages, 

Interest and dividends received from all other sources, 



$578,441 50 



281,916 46 
$296,525 04 



$143,930 46 

1,686 48 

4,405 58 

18,216 68 



* Value of lands mortgaged, . . . 
Value of buildings thereon, . . . 
Amount of insurance held as collateral, 



$90,000 00 
154,000 00 
105,800 00 



MILFORD MUTUAL FIRE INSURANCE CO. 



65 



Income from rents, . 
Profit and loss account, 



$890 00 
146 59 



Gross cash income, $169,275 79 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, . 



$43,806 74 

70,538 30 

21,895 48 

8,853 35 

1,904 28 

5,045 13 

$152,043 28 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $34,434,434 00 $511,246 14 $511,246 14 

Risks written during 1894, . 9,787,200 00 146,901 41 146,901 41 



Total, .... $44,221,634 00 $658,147 55 $658,147 55 
Risks terminated during 1894, . 7,489,118 00 111,190 25 111,190 25 



In force at end of year, 



,732,516 00 $546,957 30 $546,957 30 



Miscellaneous. 

Losses incurred during the year, $38,285 00 

Percentage of profits or surplus returned during 1894, . 50 and 70 per cent. 



MILFORD MUTUAL FIRE INSURANCE COMPANY, MILFORD. 

[Incorporated Dec. 3, 1851. Commenced business January, 1852.] 
GEORGE L. COOKE, President. ABBOTT A. JENKINS, Secretary. 

Amount of permanent fund, $7,562 74 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

Fitchburg Railroad bonds, .... $4,000 00 

Milford water bonds, 5,000 00 

10 shares Hide and Leather National Bank, . 900 00 



Summary of Assets Dec. 31, 1894. 
Stocks, bonds, etc., as per schedule, . . $10,458 75 
Cash deposited in bank, 16,515 83 



Market Value. 

$4,280 00 

5,200 00 

978 75 



$9,900 00 $10,458 75 



66 



MILFORD MUTUAL FIRE INSURANCE CO. 



Premiums in course of collection (gross), 
Unpaid assessments on deposit notes, $2,020 40 
Premiums more than 3 months due, 212 78 
Gross assets, 



$8,050 38 



£35,024 96 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, 
Surplus due on terminated policies, 
Commissions and brokerage, . 

Reinsurance, 

Gross liabilities, 



Net cash assets, 



Income 



Premiums outstanding Dec. 31, 1893, 
Same not collected, . 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 
Received for extra premiums, . 
Interest and dividends received from all 
Received from assessments, 

Gross cash income, . 



$1,975 00 


22,728 40 


842 02 


4 37 


2,036 99 


85 86 





$1,187 26 

198 65 

$988 61 

46,481 71 

$47,470 32 

8,263 16 



$39,207 16 
10,025 20 



sources, 



27,672 64 
$7,352 32 



$29,181 96 

113 56 

412 50 

1,555 19 

$31,263 21 



Expenditures. 



Cash paid for losses, 
Deduct salvage, 



Net cash paid for losses, .... 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, ..... 

for incidentals, .... 

Gross cash expenditures, . 



$10,825 73 
74 59 



$10,751 14 

5,538 90 

1,131 40 

439 65 

88 00 

1,835 07 

$19,784 16 



MUTUAL FIRE ASSURANCE CO. 



67 



Risks and Premiums. 

Amount 

Risks outstanding Dec. 31, 1893, $1,573,117 00 
Risks written during 1894, . . 3,380,629 00 



Total, .... $4,953,746 00 

Risks terminated during 1894, . 1,457,833 00 



In force at end of year, . . $3,495,913 00 
Deduct amount reinsured, . 27,500 00 



Cash Prem'3. Contlng't Prem's. 

$19,803 10 $19,803 10 
46,481 71 46,481 71 



,284 81 $66,284 81 
17,894 33 17,894 43 



$48,390 48 $48,390 48 

287 82 287 82 



Net amount in force, 



. $3,468,413 00 $48,102 66 $48,102 66 



Miscellaneous. 
Losses incurred during the year, 



$12,751 00 



MUTUAL FIRE ASSURANCE COMPANY, SPRINGFIELD. 

[Incorporated Feb. 23, 1827. Commenced business July 26, 1827.] 
ALFRED ROWE, President. FRANK R. YOUNG, Secretary. 

Amount of permanent fund, ....... $117,216 93 



Detailed Statement of Stocks, 



Union Pacific Railroad bonds, . , 
Vermont Valley Railroad bonds, 
Chicago, Burlington & Northern R.R bonds, 
"Western Union Telegraph bonds, . 
Chesapeake & Ohio Railroad bonds, 
Ohio Southern Railroad bonds, 
Atchison, Topeka & Santa Fe R.R. bonds, 
Chicago, Burlington & Quincy Railroad bonds 
Philadelphia, Wilmington & Bait. R.R. bonds 

75 shares Second National Bank, Springfield 

61 ' 

25 ' 

25 

25 

10 

10 

50 

50 

20 



Chicopee Nat'l Bank, Springfield, 
John Hancock Nat'l Bank, Spr'ld, 
First National Bank, Springfield, 
Chapin National Bank, Springfield 
Monson National Bank, Monson, 
First National Bank, Chicopee, 
Hadley Falls Natl Bank, Holyoke 
Commerce National Bank, Boston 
Springfield Nat'l Bank, Springfield 



Bonds, etc. 

Par Value. 

$8,000 00 
4,000 00 

500 00 
7,000 00 
4,000 00 
3,000 00 
5,000 00 

500 00 
4,000 00 
7,500 00 
6,100 00 ' 
2,500 00 
2,500 00 
2,500 00 
1,000 00 
1,000 00 
5,000 00 
5,000 00 
2,000 00 



Market Value. 

$8,000 00 
4,400 00 
525 00 
7,700 00 
4,240 00 
2,790 00 
4,500 00 
500 00 
4,000 00 

10,125 00 
9,455 00 
3,125 00 
2,500 00 
3,625 00 
1,500 00 
1,500 00 
7,500 00 
5,650 00 
2,500 00 



68 



MUTUAL FIRE ASSURANCE CO. 



86 shares Boston & Albany Railroad, . , 
150 " N. Y . Central & Hudson River R.R., 
55 " Chicago, Burlington & Quincy R.R., 
50 " Union Pacific Railroad, . 
40 " Lake Shore & Michigan So. R.R., . 



Par Valae. 
$9,600 00 

15,000 00 
5,500 00 
5,000 00 
4,000 00 



Market Value. 

$19,968 00 

14,700 00 

3,905 00 

550 00 

5,440 00 



$110,200 00 $128,698 00 



Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens*), $19,950 00 

Interest due or accrued thereon, . . . 233 82 

Stocks, bonds, etc., as per schedule, . . . 128,698 00 

Cash in the office of the company, . . . 468 05 

Cash deposited in bank, 8,055 03 

Premiums in course of collection (gross), . 615 04 

Gross assets, $158,019 94 



Liabilities. 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Gross liabilities, . 



$37,305 42 
222 07 



37,527 49 



Net cash assets, $ 120,492 45 



Income. 

Premiums on risks written or renewed, . . $14,657 02 

Premiums now in course of collection, . . 615 04 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



Gross cash income, 



$14,041 98 

134 88 

1,280 71 

6,201 00 

$21,658 57 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 
for rents, 



$6,155 97 

10,274 65 

3,358 00 

137 36 

761 82 



Gross cash expenditures, . 



$20,687 80 



* Total value of property mortgaged, . 
Amount of insurance held as collateral, 



$31,500 00 
19,600 00 



MUTUAL PROTECTION FIRE INSURANCE CO. 69 

Risks and Premiums. 

Amount. Cash Prem'8. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $4,672,363 00 $71,523 69 §143,047 38 
Risks written during 1894, . 946,650 00 14,657 02 14,657 02 



Total,. - . . • . . $5,619,013 00 • $86,180 71 $157,704 40 
Risks terminated during 1894, . 798,090 00 11,569 87 23,125 99 



In force at end of year, . . $4,820,923 00 $74,610 84 $134,578 41 

Miscellaneous. 

Losses incurred during the year, $4,774 00 

Percentage of profits or surplus returned during 1894, . . 90 per cent. 



MUTUAL PROTECTION FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated April 10, 1861. Commenced business July 15, 1864.] 
AMOS STONE, President. GEO. H. PENDE ROAST, Secretary. 

Office, Thompson Square, Charlestown. 

Amount of permanent fund Dec. 31, 1894, .... $52,63930 



Detailed Statement of Stocks, Bonds, etc. 

, Par Value. Market Value 

10 shares Monument National Bank, 
20 " National Bank of the Republic, 
31 " Charlestown Gas and Electric Co., 
10 " Somerville Electric Light Co., 
50 " Atch., Top. & Santa Fe R.R., . 
Northern Pacific Railroad bonds, 



1,000 00 $2,300 00 

2,000 00 3,200 00 

1,550 00 2,015 00 

1,000 00 1,000 00 

5,000 00 250 00 

2,000 00 2,280 00 



$12,550 00 $11,045 00 

Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, . $14,900 00 

Loans on mortgage of real estate (first liens*), 26,200 00 

Interest due or accrued thereon, . . . 1,413 64 

Stocks, bonds, etc., as per schedule, . . . 11,045 00 

Cash in the office of the company, . . . 1,027 25 

Cash deposited in bank, 11,547 48 

Premiums in course of collection (gross), . 514 21 

Rents due and accrued, 420 56 

Premiums more than 3 months due, $474 62 

Gross assets, $67,068 14 

* Value of lands mortgaged $17,450 00 

Value of buildings thereon, 52,000 00 

Amount of insurance held as collateral, 44,900 00 



70 



MUTUAL PROTECTION FIRE INSURANCE CO. 



Liabilities. 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 
Gross liabilities, .... 

Net cash assets, 

Income. 
Premiums outstanding Dec. 31, 1893, 
Same not collected, ..... 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, . . - . 



$9,543 65 
268 52 


$9,812 17 




■ • 


$57,255 97 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for commissions and brokerage, 
for State and local taxes, 

for rents, 

for repairs on real estate, , 



$512 75 
3 81 

$508 94 
5,951 49 



1,460 43 
988 83 



$5,471 60 
94 39 



sources, 



Gross cash expenditures, . 

Bisks and Premiums. 

Amount. 

Risks outstanding Dec. 31,1893, $1,304,853 00 
Risks written during 1894, . 430,905 00 



Total, $1,735,758 00 

Risks terminated during 1894, . 330,025 00 



Cash Prem's. 

$15,719 03 
5,951 46 

$21,670 49 
3,743 41 



$5,377 


21 


59 


79 


1,819 


50 


876 


36 


627 


20 



$8,760 06 



$34 66 
2,219 65 
1,073 78 
513 90 
500 00 
326 18 



$4,668 17 



Conting't Prem's. 

$15,719 03 
5,951 46 



$21,670 49 
3,743 41 



In force at end of year, . . $1,405,733 00 $17,927 08 $17,927 08 



Miscellaneous. 

Losses incurred during the year, $35 00 

Percentage of profits or surplus returned during 1894, 20, 40, 70 per cent. 



NEWBUKYPORT MUTUAL FIRE INSURANCE CO. 



71 



NEWBURYPORT MUTUAL FIRE INSURANCE COMPANY, 

NEWBURYPORT. 

[Incorporated February, 1829. Commenced business May 1, 1829.] 
AMOS NOYES, President. LAWRENCE W. BROWN, Secretary. 

Amount of permanent fund, $27,021 89 



Detailed Statement of Stocks, 

100 shares Mer. Nat'l Bank, Newburyport, 

9 ' 
31 ' 
15 
10 
10 
10 
10 
10 
14 
10 

20 ' 
10 

5 ' 



Mech. Nat'l Bank, Newburyport, 
Ocean Nat'l Bank, Newburyport, 
Washington Nat'l Bank, Boston, 
Hide & Lea. Nat'l Bank, Boston, 
Market Nafl Bank, Boston, . 
Shoe and Lea. Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston, . 
Chicago & Northwestern Railroad 
Chicago, Burlington & Quincy R.R. 
Atch , Topeka & Santa Fe R.R., 
Boston & Maine Railroad, 
Westinghaus, preferred, . 
General Electric, 

Rutland Railroad bonds, .... 

Chic, Burl. & Northern Railroad bonds, . 

Atch., Topeka & Santa Fe R.R. bonds, . 

Consolidated Railroad of Vermont bonds, 

Fall River city bonds, .... 



Summary of Assets Dec 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Gross liabilities, .... 



Bonds, etc. 

Par Value. 

$2,000 00 
900 00 
1,550 00 
1,500 00 
1,000 00 
1,000 00 
1,000 00 
1,000 00 
1,000 00 
1,400 00 
1,000 00 
2,000 00 
500 00 
500 00 
1,500 00 
2,000 00 
6,000 00 
2,000 00 
1,000 00 



$20 25 
4,391 73 



Market Value. 

$2,400 00 

1,170 00 

1,705 00 

1,650 00 

1,085 00 

850 00 

890 00 

750 00 

970 00 

994 00 

40 00 

3,200 00 

490 00 

350 00 

1,605 00 

2,080 00 

3,275 00 

1,780 00 

1,130 00 



$28,850 00 $26,414 00 

31, 1894. 

$700 00 

19 00 

26,414 00 

556 79 

2,492 68 

19 00 



$30,201 47 



Net cash assets, . 



4,411 98 
$25,789 49 



* Value of lands mortgaged, 
Value of buildings thereon, 



$900 00 
1,400 00 



72 



NEW ENGLAND MUTUAL FIRE INSURANCE CO. 



Income. 

Premiums on risks written or renewed, . 
Less reinsurance and return premiums, . 
Net cash premiums received, .... 
Received for extra premiums, .... 
Interest and dividends received from all sources, 
Income from all other sources, 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, 



Gross cash expenditures, 



$1,414 80 




89 50 






f 1,325 30 




. . 


14 50 


. 


1,087 57 


. 


47 30 



Risks and Premiums. 



$2,474 67 



$1,694 57 


897 40 


550 00 


1 79 


150 00 


135 06 


$3,428 82 



Risks outstanding Dec. 31,1893, 
Risks written during 1894, 

Total 

Risks terminated during 1894, . 

In force at end of year, . 



Amount. 

$677,975 00 
108,650 00 

$786,625 00 
89,790 00 



Cash Prem's. Conting't Prem's. 

$8,355 55 $33,422 20 
1,414 80 5,659 20 



1,770 35 
986 90 



$39,081 40 
3,947 60 



$696,835 00 $8,783 45 $35,133 80 



Miscellaneous. 

Losses incurred during the year, $1,714 00 

Percentage of profits or surplus returned during 1894, . . 100 per cent. 



NEW ENGLAND MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 

[Incorporated Jan. 20, 1894. Commenced business March 1, 1894.] 
JOHN J. WHIPPLE, President. RANSOM D. PRATT, Secretary. 

Office, 36 Central Street. 

Summary of Assets Dec. 31, 1894. 

Cash in the office of the company, . . . $1,180 64 

Cash deposited in bank, 13,476 45 

Interest due and accrued, 17 30 

Premiums in course of collection (gross), . 17,736 90 
Premiums more than 3 months due, $260 88 

Gross assets, 



$32,411 29 



NEW ENGLAND MUTUAL FIRE INSURANCE CO. 



73 



Liabilities. 

Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 

Gross liabilities, 



Net cash assets, 



$173 64 




26,210 40 




47 02 




4,460 35 






$30,891 41 





$1,519 88 



Income. 

Premiums on risks written, .... $76,584 44 
Premiums now in course of collection, . . 17,997 78 

Entire premiums collected, .... $58,586 66 
Less reinsurance and return premiums, . . 21,598 72 

Net cash premiums received, .... 

Received for extra premiums, 

Interest and dividends received from all sources, . 

Income from rents, 



Gross cash income, 



$36,987 94 
261 88 
226 30 
250 00 

$37,726 12 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, 

Gross cash expenditures, .... 



$10,565 86 
1,169 41 



$9,396 45 

9,294 64 

2,068 58 

216 31 

583 40 

1,509 65 

$23,069 03 



Risks and Premiums. 

Amount. Cash Prem's. Conting'tPrem's. 

Risks written during 1894, . $5,916,160 00 $76,816 32 $230,538 96 

Risks terminated during 1894, . 1,569,325 00 23,343 10 70,029 30 



In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



. $4,346,835 00 $53,503 22 $160,509 66 
61,719 00 998 66 2,995 98 



1,285,116 00 $52,504 56 $157,513 68 



Miscellaneous. 
Losses incurred during the year, 



$10,739 00 



74 



NORFOLK MUTUAL FIRE INSURANCE CO. 



NORFOLK MUTUAL FIRE INSURANCE COMPANY, DEDI1AM. 

[Incorporated Feb. 12, 1825. Commenced business July 1, 1825.] 
J. WBITE BELCHER, President. ELIJAH HOWE, Jb., Secretary. 



Amount of permanent fund Dec. 31, 1893, 
Increase during the year, . 



Permanent fund Dec. 31, 1894, 

Detailed Statement of Stocks, 

Salem city bonds, .... 

Randolph town notes, 

Cincinnati city bonds, 

Boston city bonds, .... 

Boston & Maine Railroad bonds, 

Washington County (111.) bonds, 

Boston & Providence Railroad bonds, 

Boston & Lowell Railroad bonds, 

Maine Central Railroad bonds, 

Oregon Short Line Railroad bonds, . 

Kan. City, St. J. & Council Bluffs R R. bonds 

Concord & Montreal R R. bonds, 

Atch., Topeka & Santa Fe R.R. bonds, 

Northern Pacific Railroad bonds, 

Philadelphia & Reading R.R. bonds, 

Old Colony R.R. bonds, . 

Union Pacific Railway bonds, . 

Fremont, Elkhorn & Mo. Valley R.R. bonds 

Fitchburg Railroad bonds, 

Grand Avenue R'y, Kansas City, bonds, 

Consolidated Street Railway Co. bonds, 

Minneapolis Gas Light Co. bonds, . 

Conn. & Passumpsic Rivers R.R. bonds, 

N. H. Trust Company bonds, . 

Western Security Company bonds, . 

N. E. Mortgage Security Co. bonds, 

Lombard Investment Co. bonds, 

Old Colony R.R. stock, . 

Boston & Lowell R.R. stock, . 

Boston & Albany R.R. stock, . 

Boston & Providence R R. stock, . 

Chic, Burl. & Quincy R.R. stock, 

Atch., Topeka & Santa Fe R.R. stock, 

Dedham Water Co. stock, . 



Bonds, etc. 

Par Value. 

$5,000 00 

9,300 00 

25,000 00 

10,000 00 

10,000 00 

5,000 00 

20,000 00 

20,000 00 

15,000 00 

10,000 00 

9,000 00 

10,000 00 

48,000 00 

5,000 00 

8,000 00 

22,000 00 

25,000 00 

5,000 00 

20,000 00 

5,000 00 

5,000 00 

5,000 00 

5,000 00 

10,000 00 

5,000 00 

23,000 00 

5,000 00 

10,000 00 

7,500 00 

12,500 00 

2,000 00 

10,000 00 

10,000 00 

5,000 00 



$329,009 77 
5,191 37 

§331,201 14 



Market Value. 

$5,100 00 

9,300 00 

30,000 00 

11,000 00 

10,300 00 

5,000 00 

20,800 00 

20,375 00 

15,650 00 

8,600 00 

10,800 00 

10,200 00 

21,960 00 

5,700 00 

9,680 00 

22,860 00 

20,700 00 

6,000 00 

20,400 00 

4,800 00 

5,250 00 

5,000 00 

5,100 00 

8,000 00 

3,750 00 

21,850 00 

3,100 00 

17,800 00 

14,700 00 

25,625 00 

5,200 00 

7,000 00 

400 00 

5,000 00 



$401,300 00 ?397,000 00 



Summaky of Assets Dec. 31, 1894. 
Cash value of unencumbered real estate, . $10,000 00 
Loans on mortgage of real estate (first liens), . 50,500 00 



NORFOLK MUTUAL FIRE INSURANCE CO. 



75 



Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Extra premiums due, .... 
Premiums more than 3 months due, . $104 25 
Gross assets, 



$826 46 

397,000 00 

9,053 85 

4,662 66 

5,115 75 

208 33 

193 79 



$477,560 84 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, 
Surplus due on terminated policies, 
' Gross liabilities, .... 

Net cash assets, .... 

Income 
Premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from all other sources, 

Gross cash income, . 



$300 00 

2,275 00 

143,920 38 

129 17 

3,811 29 



1,673 21 
48 25 



$4,624 96 
67,989 29 

|72,614 25 
5,220 00 



$67,394 25 
2,277 19 



sources, 



150,435 84 
$327,125 00 



,117 06 

1,637 13 

2,342 82 

17,879 30 

791 67 

$87,767 98 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, . 

for incidentals, 

for expenses on real estate, 

Gross cash expenditures, , , , , 



$23,532 69 

35,823 16 

10,150 50 

6,290 51 

1,010 66 

946 96 

485 84 



$78,240 32 



76 OLD COLONY MUTUAL FIRE INSURANCE CO. 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem'a. 

Risks outstanding Dec. 31, 1893, $18,986,176 00 $275,681 53 $275,681 53 

Risks written during 1894, . 4,742,353 00 67,989 29 67,989 29 



Total, $23,728,529 00 $343,670 82 $343,670 82 

Risks terminated during 1894, . 3,929,598 00 56,704 40 56,704 40 



In force at end of year, . . $19,798,931 00 $286,966 42 $286,966 42 

Miscellaneous. 

Losses incurred during the year, $23,133 00 

Percentage of profits or surplus returned during 1894, 33|, 50, 70 per cent. 



OLD COLONY MUTUAL FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated March 13, 1894. Commenced business April 10, 1894.] 
WILLIAM E. RUSSELL, President. RAYMOND HAYES, Secretary. 

Office, 108 Water Street. 

Summary of Assets Dec. 31, 1894. 

Cash in the office of the company, . . . $2,295 13 

Cash deposited in bank, 13,512 92 

Interest due and accrued, 56 92 

Premiums in course of collection (gross), . 25,361 59 
Due from Obrion & Russell for organization 

expenses,* . . . . • . . . 1,500 00 
Premiums more than 3 months due, . $294 25 

Gross assets, ...... $42,726 56 

Liabilities. 
Losses adjusted, unpaid, . . . $2,310 38 

Less reinsurance, 159 81 



Net amount of unpaid losses, .... $2,150 57 

Unearned premiums on outstanding risks, . 36,053 90 

Return premiums on cancelled policies, . . 129 73 

Commissions and brokerage, .... 3,683 18 

Reinsurance not allowed, 187 43 

Gross liabilities, 42,204 81 



Net cash assets, $521 75 

* Amount has since been paid. 



PAPER MILL MUTUAL INSURANCE CO. 



77 



Income. 

Premiums on risks written or renewed, . 
Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Interest received, 

Commissions, 

Borrowed money, 



$106,244 26 
25,655 84 



,588 42 
33,091 83 



$47,496 59 

110 92 

1,010 23 

1,500 00 



Gross cash income, $50,117 74 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, - 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for borrowed money repaid, . 

for incidentals, .... 



$10,903 41 
1,334 87 



Gross cash expenditures, . 



£9,568 54 

9,200 34 

5,541 42 

692 05 

50 00 

1,500 00 

7,757 34 



$34,309 69 



Risks and Premiums. 

Amount. Cash Prem'a. Conting't Prem's. 

Eisks written during 1894, . $7,751,095 00 $106,244 26 $318,732 78 

Risks terminated during 1894, 2,515,153 00 27,486 15 82,458 45 



In force at end of year, . . $5,235,942 00 $78,758 11 $236,274 33 
Deduct amount reinsured, . 340,903 00 6,916 26 20,748 78 



Net amount in force, 



$4,895,039 00 $71,841 85 $215,525 55 



Miscellaneous. 
Losses incurred during the year, 



$13,214 00 



PAPER MILL MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated November, 1886. Commenced business April 1, 1887.] 
R. W. TOPPAN, President. D. W. LANE, Secretary. 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Portland & Ogdensburg R.R. bonds, . . $5,000 00 $5,250 00 

Fitchburg Railroad bonds, .... 5,000 00 5,150 00 



78 



PAPER MILL MUTUAL INSURANCE CO. 



Cincinnati, Sandusky & Cleveland R.R. bonds 
Maine Central RR. bonds, 
Pennsylvania R.R. bonds, .... 
Newton Water bonds, .... 
Boston & Albany R.R. bonds, . 



Par Value. 

$5,000 00 

10,000 00 

5,000 00 

5,000 00 

10,000 00 



Market Value. 

$5,250 00 

10,600 00 

5,650 00 

5,350 00 

10,700 00 



$ 45,000 00 $47,950 00 



Summary of Assets Dec 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, . . 



31, 1894. 

$47,950 00 

45 00 

11,650 01 

400 00 

460 3L 



$60,505 32 



Liabilities. 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, 



Net cash assets, 



$26,864 96 
106 13 



26,971 09 
$33,534 23 



Income. 

Premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Interest and dividends received from all sources, 



$429 25 
67 30 



$361 95 

56,408 83 

$56,770 78 

460 31 

$56,310 47 

2,816 98 



$53,493 49 
1,853 53 



Gross cash income, ........ $55,347 02 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for inspections and incidentals, 

Gross cash expenditures, .... 



$9,305 51 

29,978 12 

3,140 64 

517 02 

150 00 

1,208 49 

$44,299 78 



patrons' mutual FIRE INSURANCE CO. 



79 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $5,011,345 00 $48,922 95 $244,614 75 

Risks written during 1894, . 5,811,761 00 56,408 83 282,044 15 



Total $10,823,106 00 $105,33178 $526,658 90 

Risks terminated during 1894, 5,275,645 00 51,601 86 258,009 30 



In force at end of year, . 



1,547,461 00 $53,729 92 $268,649 60 



Miscellaneous. 

Losses incurred during the year, 

Percentage of profits or surplus returned during 1894, . 



$1,047 00 
61tVo P er cent - 



PATRONS' MUTUAL FIRE INSURANCE COMPANY, WORCESTER. 

[Incorporated May 23, 1887. Commenced business Aug. 1, 1887.] 
N.'B. DOUGLASS, President. W. E. KNIGHT, Secretary. 



Summary of Assets Dec. 31, 1894. 
Cash in the office of the company, . . . $169 58 

Cash deposited in bank, 1,370 33 

Premiums in course of collection (gross), . 1,484 25 

Premiums more than 3 months due, $20 00 

Gross assets, 



$3,024 16 



Liabilities. 
Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 

Gross liabilities, .... 

Balance against the company, . 

Income. 
Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 



$99 67 
4,095 99 
118 19 
250 00 
340 33 





"X,i/V± io 


• • • 

$364 00 
8,044 38 


$1,880 02 


$8,408 38 
1,504 25 




$6,904 13 
988 34 





$5,915 79 



80 



QUINCY MUTUAL FIRE INSURANCE CO. 



Income from all other sources, 

Income from assessments on deposit notes, 



Gross cash income, 



$16 74 
162 70 



$6,095 23 



Expenditures. 

Cash paid for losses, 

for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, . 
for rent and incidentals, . 



Gross cash expenditures, 



$4,551 53 

947 16 

1,791 59 

60 99 

148 41 



$7,499 68 



Risks outstanding Dec. 31, 1893 
Risks written during 1894, 



Risks and Premiums. 

Amount. Cash Prem's. Contlng't Prem's. 

$748,787 00 $7,766 35 $23,299 05 

483,519 00 8,044 38 24,133 14 



Total, 
Risks terminated during 1894, 

In force at end of year, . 



$1,232,306 00 
577,981 00 



Miscellaneous. 
Losses incurred during the year, 



$15,810 73 $47,432 19 
7,618 76 22,856 28 



$654,325 00 $8,191 97 $24,575 91 

$4,651 00 



QUINCY MUTUAL FIRE INSURANCE COMPANY, QUINCY. 

[Incorporated March 22, 1851. Commenced business May, 1851.] 
CHARLES A. HOWLAND, President. "SVM. H. FAY, Secretary. 

Amount of permanent fund, $350,000 00 



Detailed Statement of Stocks, 

88 shares Rockland National Bank, Boston, . 
200 
370 

70 

50 

40 

35 

66 

37 ' 

50 

46 



Manufacturers 1 Natl Bank, Boston, 
Third National Bank, Boston, 
Second National Bank, Boston, 
First National Bank, Boston, . 
Merchants 1 National Bank, Boston, 
State National Bank, Boston, . 
Washington National Bank, Boston, 
Revere National Bank, Boston, 
Hamilton National Bank, Boston, . 
Continental National Bank, Boston, 



Bonds, etc. 

Par Value. 

$8,800 00 
20,000 00 
37,000 00 
7,000 00 
5,000 00 
4,000 00 
3,500 00 
6,600 00 
3,700 00 
5,000 00 
4,600 00 



Market Value. 

$12,320 00 

20,000 00 

33,300 00 

12,670 00 

12,000 00 

6,280 00 

4,060 00 

7,326 00 

3,552 00 

5,500 00 

5,060 00 



QUINCY MUTUAL FIRE INSURANCE CO. 



81 



75 shares Redemption National Bank, Boston, 
25 " Market National Bank, Boston, 
100 " North National Bank, Boston, 
244 " Mt. Wollaston Nat'l Bank, Quincy, 
44 " Granite National Bank, Quincy, 
50 " Wachusett Nat'l Bank, Fitchburg, . 
64 " Hingham Nat'l Bank, Hingham, 
48 " First Nat'l Bank, South Weymouth, 
77 " Union N'l Bank, South Weymouth, 

10 " Quinsigamond N'l B'k, Worcester, 
50 " Brockton National Bank, Brockton, 
29 " Plymouth National B'k, Plymouth, 
25 " First National Bank, West Newton, 

200 " Chicago, Burl. & Quincy R.R., 
300 " Boston & Lowell Railroad, 

11 " Old Colony Railroad, 
107 " Hingham Cordage Co , . 
178 " Lawrence Duck Co., 

8 " Quincy Street Railway, . 
East Middlesex Street Railroad bonds, 
50 shares State St. Safe Deposit and Trust Co. 
Chicago, Burlington & Quincy Railroad Co,, 
Quincy city notes, 



Par Value. 

$7,500 00 

2,500 00 

10,000 00 

24,400 00 

4,400 00 

5,000 00 

4,480 00 

4,800 00 

7,700 00 

1,000 00 

5,000 00 

2,900 00 

2,500 00 

20,000 00 

30,000 00 

1,100 00 

10,700 00 

17,800 00 

800 00 

10,000 00 

5,000 00 

11,500 00 

4,400 00 



Market Value. 

$9,375 00 
2,125 00 

11,400 00 

31,720 00 
5,940 CO 

10,000 00 
4,480 00 
5,280 00 
8,085 00 
1,100 00 
6,250 00 
3,045 00 
2,500 00 

14,000 00 

58,800 00 
1,980 00 

10,700 00 

17,800 00 
800 00 

10,000 00 
5,000 00 

11,700 00 
4,400 00 



$298,680 00 $358,518 00 



Securities held as collateral for cash loans 



200 shares Indiana M'f 'g Co , . 

12 " Minnehaha Trust Co., . 

15 " Sioux Falls National Bank, 
Decatur City Water Co. bonds, 
Lynn & Boston R.R. bonds, 
Duluth G. & W. bonds, . 
New Whatcom bonds, 
50 shares Fitchburg R.R. stock, 
25 ■« Bell Telephone Co., . 
50 " National Lead Co., . 
50 " Oregon Improvement Co., 
Oswego town bonds, .... 
N. E. Equitable Co. bonds, 
Atchison and Jewel County bonds, . 
Central Investment Asso'n bonds, . 
Union Pacific sinking fund bonds, . 
No. Pacific bonds, .... 
Chicago & No. Michigan bonds, 
Atchison bonds, . 
Mexican Central bonds, . 
Atchison bonds, 



Market Value. 

$10,000 00 

1,500 00 

1,500 00 

6,500 00 

15,000 00 

36,720 00 

3,030 00 

4,200 00^ 

4,700 00 

4,250 00 

700 00 

1,000 00 

1,800 00 

900 00 

5,000 00 

9,800 00 

900 00 

600 00 

650 00 

500 00 

1,520 00 J 



Loaned Thereon. 

$2,700 00 

2,500 00 

10,000 00 
14,000 00 

36,000 00 



} 32,500 00 



82 



QUINCY MUTUAL FIRE INSURANCE CO. 



Eureka Silk Co. note, 
100 shares North Packing & Prov. Co , . 
41 " National Granite B'k, Quincy, 

Excess of loan over market value, . 



$5,000 00 
9,000 00 
5,535 00 



$11,500 00 
4,800 00 



$130,305 00 $114,000 00 
3,500 00 



Summary of Assets Dec. 81, 1894. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, .... 



$16,800 00 

64,850 00 

1,341 12 

358,548 00 

110,500 00 

300 00 

36,812 47 

7,832 41 

11,751 46 

250 00 



$110,500 00 



$608,985 46 



Liabilities. 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 

Gross liabilities, .... 

Net cash assets, .... 

Income 

Premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 
Received for extra premiums, . 



$1,569 00 

1,000 00 

254,704 81 

5,000 00 

500 00 

300 00 

1,856 85 



264,930 66 
. $344,054 80 



$14,473 61 
2,171 04 

$12,302 57 
146,459 88 

f 158,762 45 
11,751 46 

$147,010 99 
5,116 65 



$141,894 34 
1,790 96 



♦Value of lands mortgaged, . . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$63,100 00 
61,900 00 
61,900 00 



RUBBER MANUFACTURERS' MUTUAL INSURANCE CO. 



83 



Interest received on mortgages, .... 
Interest and dividends received from all other sources, 

Income from rents, 

Income from all other sources, .... 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for printing and stationery, 

for incidentals, 

Gross cash expenditures, .... 



$2,311 39 

23,021 53 

1,084 60 

269 50 

3170,372 32 



$69,138 04 

70,737 89 

22,399 03 

11,613 96 

2,775 62 

2,394 50 

6,189 63 

$185,248 67 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $33,693,131 00 $496,054 29 $496,054 29 

Risks written during 1894, . 9,553,971 00 146,459 88 146,459 88 



Total, ..... $43,247,102 00 $ 642,514 17 f 642,514 17 
Risks terminated during 1894, . 8,906,325 00 133,104 55 133,104 55 



In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



.$34,340,777 00 $509,409 62 $509,409 62 
5,500 00 58 45 58 45 



$34,335,277 00 $509,351 17 $509,351 17 



Miscellaneous. 

Losses incurred during the year, $63,951 00 

Percentage of profits or surplus returned during 1894, 25, 50, 70 per cent. 



RUBBER MANUFACTURERS' MUTUAL INSURANCE COMPANY, 

BOSTON. 

[Incorporated Nov. 4, 1884. Commenced business Jan. 15, 1885.] 
E. 8. CONVERSE, President. B. F. TAFT, Secretary. 

Office, 31 Milk Street. 



Detailed Statement of Stocks, Bonds, etc. 



Fitch burg Railroad bonds, 
Boston & Lowell Railroad bonds, 
Maine Central Railroad bonds, 
Ticonderoga Pulp and Paper Co. bonds, . 
New York & New England Railroad bonds, 



Par Value. 

$5,000 00 

10,000 00 

16,000 00 

5,000 00 

8,000 00 



Market Value. 

$5,500 00 

10,200 00 

16,560 00 

5,000 00 

9,140 00 



84 RUBBER MANUFACTURERS' MUTUAL INSURANCE CO. 



Metropolitan Railroad bonds, . 
Boston Consolidated Street Railroad bonds, 
Middlesex Railroad bonds, 
Cambridge Street Railroad bonds, 
Cheshire Railroad bonds, . 
Maiden Electric Company bonds, 
General Electric Company bonds, 
218 shares United States Rubber Company, 
50 " National Tube Works Company, 
50 " General Electric Company, 
Corporation notes, 



Summary of Assets Dec 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



Par Value. 

SI, 000 00 

12,000 00 
1,000 00 
1,000 00 
4,000 00 
5,000 00 
1,000 00 

21,800 00 
5,000 00 
5,000 00 

71,250 00 



Market Value. 

SI, 030 00 

12,840 00 

1,040 00 

1,055 00 

4,120 00 

5,000 00 

925 00 

21,364 00 

4,600 00 

3,500 00 

71,250 00 



$172,050 00 $173,124 00 

31, 1894. 
$173,124 00 

2,637 45 

21,360 09 

2,378 13 

3,663 14 

$203,162 81 



Liabilities. 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, .... 



Net cash assets, 



$103,397 65 
386 48 



103,784 13 
$99,378 68 



Income. 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 
Net cash premiums received, .... 
Interest and dividends received from all sources, 



$10,610 63 
191,500 84 

5,141 47 
3,663 14 



$201,478 33 
7,798 86 



Gross cash income, $209,277 19 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for inspections, .... 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, 

Borrowed money repaid, 



Gross cash expenditures, 



$44,325 09 

86,247 86 

6,449 30 

7,112 00 

2,607 12 

3,601 64 

20,000 00 

$170,343 01 



SALEM MUTUAL FIRE INSURANCE CO. 



85 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $17,889,976 00 $165,708 53 $828,542 65 

Risks written during 1894, . 20,375,032 00 194,500 84 972,504 20 



Total, $38,265,008 00 $360,209 37 $1,801,046 85 

Risks terminated during 1894, . 18,376,508 00 178,823 05 894,115 25 



In force at end of year, 



. $19,888,500 00 $181,386 32 $906,931 60 



Miscellaneous. 
Losses incurred during the year, $23,464 00 



SALEM MUTUAL FIRE INSURANCE COMPANY, SALEM. 

[Incorporated April 17, 1838. Commenced business May, 1838.] 
SAMUEL A. POTTER, President. HOWARD S. PORTER, Secretary. 

Amount of permanent fund, $52,580 66 



Detailed Statement of Stocks, 



Old Colony Railroad bonds, 

Fitchburg Railroad bonds, 

Boston & Lowell Railroad bonds, 

Boston & Maine Railroad bonds, 

Keene (N. H.) city bonds, 

Haverhill city bonds, 

Springfield city bonds, 

Springfield (Ohio) city bonds, 

Toledo (Ohio) city bonds, 

Cincinnati city bonds, 

Chicago city bonds, . 

Omaha city bonds, 

Cleveland city bonds, 

Cook County bonds, . 
9 shares Boston & Maine R.R 
5 " National Exchange Bank, 

20 " Salem National Bank, 

14 " Asiatic National Bank, 

15 " Salem Gas Company, 



Salem, 



Bonds, etc. 

Par Value. 

$1,000 00 
4,000 00 
3,000 00 
1,000 00 
1,000 00 
3,000 00 
1,000 00 
1,150 00 
2,000 00 
1,000 00 
1,000 00 
1,000 00 
3,000 00 
1,000 00 
900 00 
500 00 
2,000 00 
420 00 
1,500 00 



Summary of Assets Dec. 31, 1894. 
Cash value of unencumbered real estate, . $12,000 00 
Loans on mortgage of real estate (first liens*), 14,700 00 



Market Value. 

$1,040 00 
4,170 00 
3,100 00 
1,030 00 
1,040 00 
3,060 00 
1,230 00 
1,265 00 
2,220 00 
1,215 00 
1,030 00 
1,000 00 
3,255 00 
1,000 00 
1,392 00 

470 00 
2,500 00 

427 00 
1,275 00 



$29,470 00 $31,719 00 



* Value of lands mortgaged, . 

Value of buildings thereon, 
Amount of insurance held as collateral, 



$7,400 00 

14,800 00 

8,800 00 



86 



SALEM MUTUAL FIRE INSURANCE CO. 



Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Premiums more than 3 months due, $12 50 
Gross assets, 



$120 87 




31,719 00 




443 60 




1,521 83 




234 75 




2,180 34 




38 00 




J 


$62,958 39 



Liabilities. 

Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Surplus due on terminated policies, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 

Gross liabilities, .... 



Net cash assets, 



$17,867 96 




11 55 




955 41 




531 25 




349 31 






19,715 48 






$43,242 91 



Income. 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 

Net cash premiums received, .... 

Received for extra premiums, 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 
Income from rents, 



$1,589 41 

17,062 17 

$18,651 58 

2,192 84 

$16,458 74 

362 31 



Gross cash income, 



$16,096 43 

145 29 

1,279 08 

1,414 52 

227 68 

$19,163 00 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, 

Cash paid as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, . 

for rents, 

for incidentals, ..... 



1,716 03 
151 40 



Gross cash expenditures, 



$8,564 63 

4,074 93 

2,238 71 

2,157 44 

419 25 

225 00 

525 29 

$18,205 25 



SALISBURY AND AMESBURY MUTUAL FIRE INSURANCE CO. 87 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31,1893, $1,995,067 00 $30,333 98 $30,333 98 

Risks written during 1894, . 1,171,370 00 17,062 17 17,062 17 



Total, .... $3,166,437 00 $47,396 15 $47,396 15 
Risks terminated during 1894, . 960,727 00 11,624 24 11,624 24 



In force at end of year, . . $2,205,710 00 $35,77191 $35,77191 

Miscellaneous. 

Losses incurred during the year, $4,566 00 

Percentage of profits or surplus returned during 1894, . . 40 per cent. 



SALISBURY AND AMESBURY MUTUAL FIRE INSURANCE 
COMPANY, AMESBURY. 

[Incorporated May 18, 1855. Commenced business June 13, 1855.] 
GEORGE F. BAGLEY, President. CHARLES L. ALLEN, Secretary. 

Summary of Assets Dec. 31, 1894. 
Cash in the office of the company, . . . $24 71 

Cash deposited in bank, 396 74 

Premiums in course of collection (gross), . 23 80 

Office safe, $100 00 

Gross assets, , $445 25 

Liabilities. 
Return premiums on cancelled policies, . $1,013 57 

Gross liabilities, 1,013 57 



Balance against the company, $568 32 

Income. 
Premiums on risks written or renewed, . 
Premiums now in course of collection, . 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 

Net cash premiums received, 

Interest and dividends received from all sources, . 

Gross cash income, .... . . $342 89 



$392 70 




23 80 




$368 90 




42 75 




, . 


$326 15 


• 


16 74 



88 



SAUGUS MUTUAL FIRE INSURANCE CO. 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 



Gross cash expenditures, 



$156 00 


29 55 


157 50 


3 53 


53 50 



$399 88 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1893, £247,561 00 
Risks written during 1894, . 44,050 00 



In force at end of year, 



Total, $291,611 00 

Risks terminated during 1894, . 49,350 00 



?242,261 00 



Cash Prem's. Conting't Prem's. 

$2,069 77 $20,697 70 



392 70 



§2,462 47 
435 33 



3,927 00 

$24,624 70 
,3 30 



$2,027 14 $20,271 40 



SAUGUS MUTUAL FIRE INSURANCE COMPANY, SAUGUS. 

[Incorporated Feb. 24, 1852. Commenced business April 1, 1852.] 
HERBERT B. NEWHALL, President. WILBUR F. NEWHALL, Secretary. 



[Note. — This company insures nothing but dwellings, farm buildings and their contents, in 
Lynn, Saugus, Lynnfield Swampscott and Nahant. No cash premiums are taken; but assess- 
ments are made on deposit notes to pay losses and expenses. All policies are issued for a term 
of three years.] 



Summary of Assets Dec 

Cash in the office of the company, . 
Cash deposited in bank, .... 

Unpaid assessments, 

Gross assets, 



31, 1894. 

$881 68 

1,015 75 

250 00 



$2,147 43 



Losses claimed and reported, 
Gross liabilities, . 



Liabilities. 



$150 00 



$150 00 



Income. 

Interest from all sources, .... 
Income from policy fees, .... 
Income from assessments on deposit notes, 

Gross cash income, .... 



$37 


16 


633 


00 


3,308 


30 



78 46 



SOUTH DAN VERS MUTUAL FIRE INSURANCE CO. 89 

Expenditures. 

Cash paid for losses, 

for salaries of officers and employees, . 

for state and local taxes, 

for rents, 

for incidentals, 

Gross cash expenditures, $2,588 09 

Risks and Premiums. 

Amount. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, . . . $2,931,675 00 $363,130 00 
Risks written during 1894, .... 1,050,500 00 128,756 00 



$849 75 


1,400 00 


34 64 


150 00 


153 70 



Total $3,982,175 00 $491,886 00 

Risks terminated during 1894, . , . 1,044,500 00 129,604 00 



In force at end of year, $2,937,675 00 $361,982 00 

Miscellaneous. 

Losses incurred during the year, $1,000 00 

Assessments laid on deposit notes or contingent premiums, . 3,343 00 



SOUTH DANVERS MUTUAL FIRE INSURANCE COMPANY, 

PEABODY. 

[Incorporated June 12, 1829. Commenced business Aug. 1, 1829.] 
WILLIAM P. CLARK, President. GEORGE M. FOSTER, Secretary. 

Amount of permanent fund, $54,125 18 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Ill shares South Danvers Natl Bank, Peabody 

48 " Warren National Bank, Peabody, 

51 " Asiatic National Bank, Salem, 

20 " Naumkeag National Bank, Salem 

18 " National Exchange Bank, Salem, 

12 " First National Bank, Salem, . 

34 " First National Bank, Danvers, 

30 " Hide & Leather Nat'l Bank, Boston 

8 " Andover National Bank, Andover, 

1 " Cape Ann Nat'l Bank, Gloucester, 

10 " Manufacturers' Nat'l Bank, Boston 

20 " Naumkeag Steam Cotton Company 

20 " Androscoggin Mills, 



$11,100 00 $12,903 75 

4,800 00 6,246 00 

1,530 00 1,562 75 

2,000 00 2,570 00 

1,800 00 1,692 00 

1,200 00 1,080 00 

2,550 00 2,592 50 

3,000 00 3,262 50 

800 00 802 00 

100 00 140 00 

1,000 00 1,000 00 

2,000 00 1,900 00 



2,000 00 2,700 00 



90 



SOUTH DANVERS MUTUAL FIRE INSURANCE CO. 



2 shares Nashua MTg Co., 
Cincinnati city bonds, 
Wakefield Water Co. bonds, 
Providence city bonds, 
Pittsfield city bonds, . 
Boston and Maine R.R. bonds, 
Eastern R.R. bonds, . 



Stocks, bonds, etc , as per schedule, . 
Cash in office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 

Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Due and accrued for rent, salaries, etc., . 
Gross liabilities, 



Net cash assets, 



Income. 

Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Par Value. 


Market Value. 


$1,000 00 


f 1,050 00 


2,000 00 


2,380 00 


2,000 00 


1,700 00 


7,000 00 


7,910 00 


2,000 00 


2,040 00 


3,000 00 


3,135 00 


2,000 00 


2,420 00 


$52,880 00 


$59,086 50 


:. 31, 1894. 




$59,086 50 




208 35 




7,542 65 




449 66 




28 00 






§67,315 16 


• 

$12,465 82 


849 75 




415 00 






13,730 57 






$53,584 59 


$40 00 




3,384 12 





Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash premiums received, . 
Interest and dividends from all sources, 
Income from policy fees, . 



$3,424 12 

28 00 

$3,396 12 
161 66 



Gross cash income, 



$3,234 16 

2,557 20 

114 00 

$5,905 66 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



Gross ca3h expenditures, 



406 86 


2,923 52 


1,416 


00 


33 


21 


219 


85 



$4,999 44 



STANDARD MUTUAL FIRE INSURANCE CO. 



91 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1893, $1,152,200 00 
Risks written during 1894, . 156,300 00 



Cash Prem's. Conting't Prem's. 

$24,639 65 $73,918 95 
3,384 12 10,152 36 



Total, $1,308,500 00 

Risks terminated during 1894, . 141,250 00 



$28,023 77 
3,092 12 



In force at end of year, 



$84,071 31 
9,276 36 



$1,167,250 00 $24,931 65 $74,794 95 



Miscellaneous. 

Losses incurred during the year, $61 00 

Percentage of profits or surplus returned during 1894, . . 100 per cent. 



STANDARD MUTUAL FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated April 13, 1894. Commenced business June 16, 1894.] 
WM. B. SEWALL, President. JAMES B. ALDEN, Secretary. 

Office, 24 Central Street. 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

City of Newton bonds, $5,000 00 $5,375 00 



Summary of Assets Dec 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 

Unearned premiums on outstanding risks, 

Return premiums on cancelled policies, . 

Due and accrued for rent, salaries, etc., . 

State and local taxes, 

Commissions and brokerage, . 

Due for reinsurance, 

Gross liabilities, . 



Net cash assets, 



31, 1894. 

$5,375 00 

54 79 

10,475 40 

16 67 

14,444 29 



$3,600 22 

19,606 85 

324 08 

925 00 

67 51 

1,795 31 

373 09 



Income. 
Premiums on risks written, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 



$53,316 "65 
14,444 29 



$38,872 36 
11,189 80 



$30,366 15 



26,692 06 
$3,674 09 



$27,682 56 



92 SUFFOLK MUTUAL FIRE INSURANCE CO. 

Received organization fund, $ 6,000 00 

Received from all other sources, 150 49 



Gross cash income, $33,833 05 

Expenditures. 
Cash paid for losses, $4,734 69 

2,789 99 

2,369 96 

365 50 

6,000 00 

1,680 22 



for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

Organization fund repaid, .... 

For incidentals, 

Gross cash expenditures, .... 



$17,940 36 



Risks and Premiums. 

Amount. Cash Prem"s. Conting't Prem's. 

Risks written during 1894, . $3,856,675 00 $53,316 65 $159,949 95 

Risks terminated during 1894, . 891,594 00 12,348 94 37,046 82 



In force at end of year, . . $2,965,081 00 $40,967 71 $122,903 13 
Deduct amount reinsured, . 124,623 00 1,754 00 5,262 00 



Net amount in force, . $2,840,458 00 $39,213 71 $117,64113 

Miscellaneous. 
Losses incurred during the year, $8,335 00 



SUFFOLK MUTUAL FIRE INSURANCE COMPANY, BOSTON. * 

[Incorporated Jan. 17, 1894. Commenced business Feb. 10, 1894.] 
BEVERLY K. MOORE, President. FRED L. HATCH, Secretary. 

Office, Exchange Building. 
Detailed Statement of Stocks, Bonds, etc 

Par Value. Market Value. 

Maine Central bonds $2,000 00 $2,130 00 

Worcester, Rochester & Nashua bonds, . . 3,000 00 3,090 00 



$5,000 00 $5,220 00 

Summary of Assets Dec. 31, 1894. 

Stocks, bonds, etc., as per schedule, . . $ 5,220 00 

Cash in the office of the company, . . . 3,067 39 

Interest due and accrued, .... 15 00 

Premiums in course of collection (gross), f . 5,834 68 
Premiums more than 3 months due, §12 50 

Gross assets, $14,137 07 

* Receiver appointed March 22, 1895. 

t Unadmitted Assets. 
Cash in bank, attached, $3,696 24 

Premiums in course of collection, attached and in suit 9,441 29 

$13,137 53 



SUFFOLK MUTUAL FIRE INSURANCE CO. 



93 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Reinsurance, ..... 
Gross liabilities, 

Balance against the company, . 

Income. 
Premiums on risks written, 
Premiums now in course of collection, 



$4,159 11 

9,200 00 

5,146 95 

22,840 24 

2,217 90 

67 50 

1,225 18 

29 81 



8138,655 76 
15,288 47 



Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash premiums received, . 
Received for extra premiums, .... 
Interest and dividends received from all sources, 
Income from borrowed money, 

Gross cash income, 

Expenditures. 

Cash paid for losses, 

Deduct reinsurance, 

Net cash paid for losses, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 
Borrowed money repaid, . 
Interest, etc., 



$123,367 29 
47,424 99 



$33,969 41 
119 34 



Gross cash expenditures, . 



44,886 69 



$30,749 62 



$75,942 30 

403 00 

1,003 75 

1,500 00 



$78,849 05 



$33,850 07 
17,097 52 
8,957 12 
1,091 95 
4,084 90 
1,500 00 
283 86 



$66,865 42 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks written during 1894, . $9,062,402 00 $138,655 76 $415,967 28 

Risks terminated during 1894, . 5,619,307 00 79,792 63 239,377 89 



In force at end of year, . 
Deduct amount reinsured, 



1,443,095 00 
36,570 00 



$58,863 13 $176,589 39 
333 80 1,001 40 



Net amount in force, . $3,406,525 00 $58,529 33 $175,587 99 

. $52,475 00 



Miscellaneous. 
Losses incurred during the year, 



94 traders' and mechanics' mutual FIRE INSURANCE CO. 

TRADERS 1 AND MECHANICS' MUTUAL FIRE INSURANCE 
COMPANY, LOWELL. 

[Incorporated June, 1848. Commenced business June, 1848.] 
LEVI SPRAGUE, President. EDWARD M. TUCKE, Secretary. 

Amount of permanent fund, $410,098 69 



Detailed Statement of Stocks, 



Boston United Gas Co. bonds, . 
East Middlesex Street Railway bonds, 
Erie Telegraph and Telephone Co. bonds, 
Fitchburg R.R. bonds, .... 
Lowell and Suburban Street Railway bonds, 
Maine Central R.R. bonds, 
St Johnsbury & Lake Champlain R.R. bonds 
Chicago Sanitary bonds, .... 
Swift Company bonds, .... 

20 shares Androscoggin Mills, 
4 
2 

50 

231 

5 

80 

10 

15 

38 

30 

20 

25 



Boott Cotton Mills, . 

Hamilton Manufacturing Company 

Lawrence Gas Company, 

Low r ell Gas Company, 

Lowell Manufacturing Company, 

Massachusetts Cotton Mills, . 

Merrimack Manufacturing Co., 

Middlesex Company, 

Tremont & Suffolk Mills, 

Old Lowell National Bank, 

National Bank of North America, 

Vermont & Mass. Railroad, . 



Securities held as collateral for cash loans : — 

1 share Appleton Company, 

Bay State Gas Co. bonds, .... 

100 shares Lowell & Suburban Street R'way, 
70 " American Bolt Company, 
20 " Massachusetts Cotton Mills, . 
30 " Lowell Gas Co , . 
6 " Vermont & Massachusetts R.R , 



Bonds, etc. 

Par Value. 
$20,000 00 

10,000 00 

20,000 00 

15,000 00 

20,000 00 

10,000 00 

10,000 00 

20,000 00 

5,000 00 

2,000 00 

4,000 00 

2,000 00 

5,000 00 

23,100 00 

3,450 00 

8,000 00 

10,000 00 

1,500 00 

3,800 (0 

3,000 00 

2,000 00 

2,500 00 



Market Value. 

816,000 00 

10,500 00 

20,600 00 

15,900 00 

20,000 00 

10,200 00 

11,750 00 

21,200 00 

5,000 00 

2,800 00 

5,100 00 

1,930 00 

5,750 00 

58,905 00 

2,875 00 

8,000 00 

11,750 00 

1,770 00 

4,655 00 

3,750 00 

2,270 00 

3,562 50 



8200,350 00 8244,267 50 



Market Value. 

8500 00 
2,280 00 
11,000 00 
5,250 00 
2,000 00 
7,800 00 
840 00 



Loaned Thereon. 

8200 00 
2,000 00 
10,000 00 
5,200 00 
1,500 00 
4,000 00 
750 00 



$29,670 00 823,650 00 



Summary of Assets Dec. 31, 1894. 
Loans on mortgage of real estate (first liens), 8211,814 00 
Interest due or accrued thereon, . . . 6,149 25 



traders' and mechanics' mutual FIRE INSURANCE CO. 95 



Stocks, bonds, etc., as per schedule, . 

Loans on collateral security, as per schedule, 

All other cash loans, 

Cash in the office of the company, . 

Cash deposited in bank, 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Gross assets, 

Liabilities. 

Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Surplus due on terminated policies, 
Commissions and brokerage, . 

Gross liabilities, 



Net cash assets, 



$244,267 50 

23,650 00 

154,800 00 

2,552 88 

14,581 48 

3,033 40 

17,105 49 



f302,869 80 

269 57 

4,094 29 

2,367 38 



$677,954 00 



309,601 04 
$368,352 96 



Income. 

Premiums outstanding Dec. 31, 1893, . . $17,567 69 
Premiums on risks written or renewed, . . 167,907 15 

Total, $185,474 84 

Premiums now in course of collection, . . 17,105 49 

Entire premiums collected, .... $168,369 35 
Less reinsurance and return premiums, . . 4,402 05 

Net cash premiums received, .... 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



$163,967 30 
10,852 86 
22,287 07 

$197,107 23 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 



Gross cash expenditures, .... 

Risks and Premiums. 



$64,505 82 

73,426 92 

24,128 10 

18,108 11 

2,159 67 

1,600 00 

. $183,928 62 



Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $37,835,660 00 $575,374 81 $575,374 81 
Risks written during 1894, . 10,799,504 00 167,907 15 167,907 15 



Total, . . . .$48,635,164 00 $743,28196 $743,28196 
Risks terminated during 1894, 9,025,748 00 137,542 36 137,542 36 



In force at end of year, . . $39,609,416 00 $605,739 60 $605,739 60 



96 



TREMONT MUTUAL FIRE INSURANCE CO. 



Miscellaneous. 

Losses incurred during the year, $63,904 00 

Percentage of profits or surplus returned during 1894, 30, 50, 70 per cent. 



TREMONT MUTUAL FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated April, 1894. Commenced business May 10, 1894.] 
THEOPHILUS KING, President. CHARLES E. DUNHAM, Secretary. 

Office, 30 Kilby Street. 

Summary of Assets Dec. 31, 1894. 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Premiums more than 3 months due, $105 25 
Gross assets, 

Liabilities. 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Reinsurance disallowed, .... 
Gross liabilities, .... 



$3,393 44 




15,306 


91 




8,164 34 




) 




$26,864 69 






$5,121 


69 




17,336 


89 




75 


10 




64 


75 


22,598 43 







Net cash assets, . 



$4,266 26 



Income. 

Premiums on risks written, 

Premiums now in course of collection, . 

Entire premiums collected, 
Less reinsurance and return premiums, . 
Net cash premiums received, . 
Received for extra premiums, . 



$49,550 94 
8,269 59 

|41,281 35 

8,660 66 



Gross cash income, . 



?32,620 69 
205 74 

$32,826 43 



Expenditures. 

Cash paid for losses, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 



$3,601 91 

6,894 52 

3,386 22 

243 43 



Gross cash expenditures, $14,126 08 



WACHUSETT MUTUAL FIRE INSURANCE CO. 



97 



Risks and Premiums. 



Risks written during 1894, 
Risks terminated during 1894, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



Amount. 

83,475,614 00 
1,084,122 00 

82,391,492 00 
25,710 00 



Cash Prem's. Conting't Prem's. 

$49,550 94 $148,652 82 
14,525 17 43,575 51 



$35,025 77 $105,077 31 
351 98 1,055 94 



$2,365,782 00 $34,673 79 $104,021 37 



Miscellaneous. 
Losses incurred during the year, 



$8,679 00 



WACHUSETT MUTUAL FIRE INSURANCE COMPANY, 

F1TCHBUKG. 

[Incorporated May 8, 1891. Commenced business July 1, 1891.] 



HENRY A. GOODRICH, President. 



FREDERICK A. CURRIER, Secretary. 



Summary of Assets Dec. 31, 1894. 

Cash in the office of the company, . . . $183 98 

Cash deposited in bank, 13,243 72 

Interest due and accrued, . . . . 110 00 

Premiums in course of collection (gross), . 18,007 03 

Rents due and accrued, 191 25 

Gross assets, 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Commissions and brokerage, . 

Gross liabilities, .... 

Net cash assets, .... 

Income. 
Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 



Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash premiums received, .... 
Interest and dividends received from all sources, 



$600 00 

600 00 

25,802 00 

60 06 

3,418 25 


$31,735 98 
30,480 31 




. . . . 

$5,944 27 
56,786 05 


$1,255 67 



$62,730 32 
18,007 03 

$44,723 29 
10,285 47 



$34,437 82 
f5S2 22 



98 WESTERN MASSACHUSETTS MUTUAL FIRE INSURANCE CO. 



Income from rents, 

Income from commissions, 

Income from assessments on deposit notes, 



Gross cash income, 



Expenditures. 
Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, .... 

Cash paid as profits on terminated policies, 

for commissions and brokerage, 

for salaries of officers and emplo 

for State and local taxes, . 

for rents, .... 

for incidentals, . 



yee 



Gross cash expenditures, 



Risks and Premiums. 



250 75 


21 09 


24,642 46 


$59,884 34 



$32,951 78 
56 79 



$32,894 99 

3,695 08 

6,894 77 

2,987 02 

701 07 

900 00 

4,521 10 



$52,594 03 



Risks outstanding Dec. 31, 1893, 
Risks written during 1894, 

Total, 

Risks terminated during 1894, . 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



Amount. 

$2,793,022 00 
3,917,970 00 

$6,710,992 00 
3,103,238 00 

$3,607,754 00 
2,500 00 



Cash Prem's. Continpft Prem's.* 

$47,395 67 $47,395 67 
56,786 05 



$104,181 72 

53,105 32 

$51,076 40 

27 50 



$3,605,254 00 $51,048 90 $78,547 12 



Miscellaneous. 

Losses incurred during the year, $24,845 00 

Assessments laid on deposit notes, 28,437 00 

Percentage of profits or surplus returned during 1894, . . 10 per cent. 



WESTERN MASSACHUSETTS MUTUAL FIRE INSURANCE COM- 
PANY, SPRINGFIELD. 

[Incorporated Jan. 18, 1894. Commenced business Feb. 15, 1894.] 
ELISHA MORGAN, President. WILLIAM G. HALL, Secretary. 

Summary of Assets Dec. 31, 1894. 
Cash in the office of the company, . 

Cash deposited in bank, 

Premiums in course of collection (net), . 

Bills receivable, 

Office furniture, . . . $1,000 00 
Gross assets, 



$158 


57 




4,401 


40 




13,969 


44 




80 


19 


$18,609 60 



* By a change in the by-laws of this company the deposit note or contingent premium has 
been increased to three times the cash premium. 



WESTERN MASSACHUSETTS MUTUAL FIRE INSURANCE CO. 99 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 

Reinsurance, 

Gross liabilities, 

Balance against company, 



$6,179 19 

6,574 98 

$12,754 17 

113 64 

$12,640 53 

32,835 33 

2,271 28 



$47,747 14 
$29,137 54 



Income. 

Premiums on risks written or renewed, . . $105,989 37 
Premiums now in course of collection, . . 13,969 44 

Entire premiums collected, .... $92,019 93 
Less reinsurance and return premiums, . . 31,948 91 

Net cash premiums received, . 
Income from all other sources, 

Gross cash income, .... 

Expenditures 

Cash paid for losses, ..... $31,02483 
Deduct salvage and reinsurance, . . . 1,290 20 

Net cash paid for losses, .... 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for organization, 

for incidentals, 

Gross cash expenditures, . 



$60,071 02 
3,500 00 

$63,571 02 



$29,734 63 

13,267 09 

6,514 70 

634 30 

237 51 

4,778 27 

6,038 03 

$61,204 53 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks written during 1894, . $7,574,093 00 $105,989 37 $317,968 11 

Risks terminated during 1894, . 2,669,399 00 36,195 11 108,585 33 



In force at end of year, . 
Deduct amount reinsured, 



1,904,694 00 $69,794 26 $209,382 78 
412,185 00 4,123 60 12,370 80 



Net amount in force, . $4,492,509 00 $65,670 66 $197,011 98 



Miscellaneous. 
Losses incurred during the year, 



$43,779 00 



100 



WESTFORD MUTUAL FIRE INSURANCE CO. 



WESTFORD MUTUAL FIRE INSURANCE COMPANY, WESTFORD. 

[Incorporated March 16, 1840. Commenced business July, 1840.] 
ALLAN CAMERON, President. CARRIE E. READ, Secretary. 

Summary of Assets Dec 31, 1894. 
Loans on mortgage of real estate (first liens*) 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, 



18 06 

5,474 91 

593 65 


$9,608 96 
1,354 69 


$1,349 92 

4 77 


' 



Net cash assets, 



Income. 
Premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



$593 65 
593 75 

$1,187 40 
593 75 



§8,254 27 



$593 65 


7 75 


142 34 


211 10 



$954 84 



Expenditures. 
Cash paid as profits on terminated policies, . 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



Gross cash expenditures, 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1893, $316,410 00 
Risks written during 1894, . 74,250 00 



$123 92 


39 50 


4 77 


13 60 



$181 79 



Cash Prem's. Conting't Prem's. 

?2,682 13 $8,046 39 



Total, . . . . . 
Risks terminated during 1894, . 

In force at end of year, . 



$390,660 00 
66,350 00 



593 75 

$3,275 88 
576 05 



1,781 25 



$9,827 64 
1,728 15 



$324,310 00 $2,699 83 $8,099 49 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$13,000 00 
13,300 00 



WEST NEWBURY MUTUAL FIRE INSURANCE CO. 



101 



WEST NEWBURY MUTUAL FIRE INSURANCE COMPANY, 

WEST NEWBURY. 

[Incorporated March, 1828. Commenced business April, 1828.] 

WILLIAM MERRILL, President. HENRY T. BAILEY, Secretary. 

[Note. — This company charges no cash premiums, but relies upon assessments on deposit 
notes to pay losses ;ind expenses.] 

Summary of Assets Dec. 31, 1894. 
Cash in the office of the company, . . . $790 00 

Cash deposited in bank, 542 93 

Unpaid assessments on deposit notes, . . 5,600 00 

Office furniture, $ 100 00 

Gross assets, $6,932 93 

Liabilities. 
Amount of unpaid losses, .... $200 00 

Due and accrued for rent, salaries, etc., . . 714 75 

Due for borrowed money, .... 6,908 00 

Gross liabilities, $7,822 75 

Income. 

Received for borrowed money, $6,500 00 

Policy fees 139 00 

Received from assessment on deposit notes, .... 1,767 99 

Gross cash income, ........ $8,406 99 

Expenditures. 
Cash paid for losses, $6,181 83 

for commissions and brokerage, .... 203 28 

for salaries of officers and employees, . . . 442 12 

for State and local taxes, 6 91 

for rents, 17 25 

Borrowed money repaid, 1,500 00 

Interest on same, 62 44 

Gross cash expenditures, . $ 8,413 83 

Risks and Premiums. 

Amount. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, . . . $2,606,070 00 $144,818 00 
Risks written during 1894, .... 352,00400 21,12024 

Total, $2,958,074 00 $165,938 24 

Risks terminated during 1894, .... 362,287 00 21,269 70 

In force at end of year, $2,595,787 00 $144,668 54 

Miscellaneous. 

Losses incurred during the year, $6,382 00 

Assessments laid on deposit notes or contingent premiums, . 7,412 00 



102 WINTHROP MUTUAL INSURANCE CO. 



WINTHROP MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated June 23, 1894. Commenced business Nov. 15, 1894.] 
HENRY L. DAWES, President. EDWARD R. TINKER, Secretary. 

Office, 22 Exchange Place. 

Summary of Assets Dec. 31, 1894. 
Cash in the office of the company, . . . $69 76 

Cash deposited in bank, 1,604 22 

Premiums in course of collection (gross), . 13,529 55 

Gross assets, $15,203 53 

Liabilities. 

Unearned premiums on outstanding risks,* . $13,447 88 
Due and accrued for rent, salaries, etc., . . 205 02 

Commissions and brokerage, . . . . 715 30 

Reinsurance, 181 58 

Gross liabilities, 14,549 78 

Net cash assets, $653 75 

Income. 
Premiums on risks written, .... $19,624 26 
Premiums now in course of collection, . . 13,529 55 

Entire premiums collected, .... $6,094 71 
Less reinsurance and return premiums, . 3,967 66 
Net cash premiums received, . . . 2,127 05 

Gross cash income, $2,127 05 

Expenditures. 

Cash paid for commissions and brokerage, . . . . $167 54 

for salaries of officers and employees, . . . 259 53 

for rent and incidentals, 26 00 

Gross cash expenditures, $453 07 

Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks written during 1894, . $1,338,242 00 $19,624 26 $58,872 78 
Risks terminated during 1894, . '274,250 00 3,969 56 11,908 68 

In force at end of year, . . $1,063,992 00 $15,654 70 $46,964 10 
Deduct amount reinsured, . 6,250 00 181 58 544 74 

Net amount in force, . . $1,057,742 00 $15,473 12 $46,419 36 

* Computed on a monthly pro rata basis ; if computed on 50£ basis would be $7,736.56. 



WORCESTER MANUFACTURERS* MUTUAL INSURANCE CO. 103 

WORCESTER MANUFACTURERS' MUTUAL INSURANCE 
COMPANY, WORCESTER. 

[Incorporated March 31, 1855. Commenced business March 31, 1855.] 
PHILIP W. MOEN, President pro tern. SAMUEL R. BARTON, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

Providence & Worcester R.R. bonds, . . $13,000 00 

Fitchburg Railroad bonds, .... 15,000 00 

Old Colony Steamboat Co. bonds, . . . 15,000 00 

Connecticut River R.R. scrip, .... 15,000 00 

Worcester Consolidated Street R.R. bonds, . 14,000 00 

Concord & Montreal R.R. bonds, . . . 20,000 00 

Chicago, Burl. & Quincy R.R. bonds, . . 25,000 00 

Old Colony Railroad bonds, .... 35,000 00 

Boston & Lowell Railroad bonds, . . . 20,000 00 

Chicago & Eastern Illinois R.R. bonds, . . 15,000 00 

Boston & Maine Railroad bonds, . . . 20,000 00 

City National Bank (Worcester) stock, . . 6,000 00 

Corporation notes, 50,000 00 



Market Value. 

$13,585 00 

15,900 00 

15,600 00 

15,037 50 

14,140 00 

20,600 00 

23,750 00 

36,950 00 

20,700 00 

18,525 00 

22,200 00 

8,700 00 

50,000 00 



Summary of Assets Dec 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, ..... 

Liabilities. 
Losses adjusted, unpaid, .... 

Losses claimed and reported, . 

Unearned premiums on outstanding risks, 

State and local taxes, .... 

Gross liabilities, 



§263,000 00 $275,687 50 

31, 1894. 

$275,687 50 

59 86 

21,586 76 

633 64 

$297,967 76 



Net cash assets, 



$1 75 

550 00 

$124,918 16 

393 72 



125,863 63 
$172,104 13 



Income. 
Premiums on risks written or renewed, . . $255,473 41 
Premiums now in course of collection, . . 633 64 

Entire premiums collected, .... $254,839 77 
Less reinsurance and return premiums, . . 8,437 70 

Net cash premiums received, 

Interest and dividends received from all sources, . 

Gross cash income, 



$246,402 07 
11,094 67 

$257,496 74 



104 



WORCESTER MUTUAL FIRE INSURANCE CO. 



Expenditures. 
Cash paid for losses, 

as profits on terminated policies, . 



for salaries of officers and em 
for State and local taxes, 
for rent 

for inspections, 
for incidentals, . 
Profit and loss account, 



Gross cash expenditures, (223,699 10 



)loyees, 



$9,996 82 

197,526 54 

6,483 62 

2,468 32 

900 00 

4,338 96 

1,197 34 

787 50 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1893, $28,926,645 00 §244,245 28 $1,221,226 40 
Risks written during 1894, . 30,839,664 00 255,473 41 1,277,367 05 



Total $59,766,309 00 $499,718 69 $2,498,593 45 

Risks terminated during 1894, . 30,006,849 00 249,882 37 1,266,298 15 



Net amount in force, . f 29,759,460 00 $249,836 32 $1,232,295 30 

Miscellaneous. 
Losses incurred during the year, $10,403 00 

Percentage of profits or surplus returned during 1894, . 85 T 4 Q 7 o per cent. 



WORCESTER MUTUAL FIRE INSURANCE COMPANY, 

WORCESTER. 

[Incorporated Feb. 11, 1823. Commenced business May 1,1824.] 
JOHN A. FAYERWEATHER, President. ROGER F. UPHAM, Secretary. 



Amount of permanent fund, 



$382,985 29 



Detailed Statement of Stocks, 

170 shares Worcester National Bank, 

22 ' 

50 ' 

200 ' 

58 ' 
45 

40 ' 
15 
20 

15 ' 

20 ' 

25 ' 



Central National Bank, . 
Citizens' National Bank, 
City National Bank, 
Mechanics' National Bank, 
Quinsigamoud National Bank, 
Fitchburg Nat'l Bank, Fitchburg, 
Southbridge Nat'l B'k, Southbridge 
Oxford National Bank, Oxford, 
Blackstone Nat'l Bank, Uxbridge, 
First National Bank, Westborough 
Wachusett Nat 1 ] Bank, Fitchburg, 



Boston & Maine Railroad bonds, 



Bonds, etc. 

Par Value. 

$17,000 00 
2,200 00 
5,000 00 

20,000 00 
5,800 00 
4,500 00 
4,000 00 
1,500 00 
2,000 00 
1,500 00 
2,000 00 
2,500 00 

15,000 00 



Market Value. 
$24,650 00 

3,190 00 
6,250 00 

29,000 00 
5,800 00 
5,625 00 
6,000 00 
1,500 00 
2,000 00 
1,500 00 
2,000 00 
5,000 00 

15,950 00 



WORCESTER MUTUAL FIRE INSURANCE CO. 



105 



Cincinnati, Hamilton & Dayton R.R. bonds, 
Portland & Runii'ord R.R. bonds, 
Fitchburg Railroad bonds, 
Cheshire Railroad bonds, .... 
Worcester, Nashua & Rochester R.R. bonds, 
Atchison, Topeka & Santa Fe R.R. bonds, 
Maine Central R.R. bonds, 
Penobscot River R.R. bonds, . 
Worcester Consolidated Street R'y bonds, 
West End Street Railway bonds, 



Securities held as collateral for cash loans : — 

Savings bank books assigned, . 

60 shares Howard Bros' Manuf. Co., 

15 " Worcester Gas Light Co., 

50 " Worcester Corset Co., 

42 " Richardson Manuf. Co., . 



Par Value. 

$12,000 00 
5,000 00 
25,000 00 
7,000 00 
8,000 00 
6,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 



Market Value. 

§12,480 00 
5,150 00 
25,000 00 
7,420 00 
8,160 00 
2,860 00 
5,050 00 
5,000 00 
5,000 00 
5,200 00 



$166,000 00 $189,785 00 



Market Value. Loaned Thereon. 



$1,199 44 
6,000 00 
2,250 00 
5,000 00 
7,350 00 



$600 00 
5,000 00 
1,500 00 
2,240 00 
2,000 00 



$21,799 44 f 11,340 00 



Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, . $85,000 00 

Loans on mortgage of real estate (first liens),* 359,614 00 

Interest due or accrued thereon, . . . 5,808 75 

Stocks, bonds, etc., as per schedule, . . 189,785 00 

Loans on collateral security, as per schedule, 11,340 00 

Loans on personal security, .... 3,125 00 

Cash deposited in bank 13,041 47 

Interest due and accrued, 3,237 53 

Premiums in course of collection (gross), . 9,463 85 

Rents due and accrued, 955 77 

Gross assets, ...... 



$681,371 37 



Liabilities. 

Losses adjusted, unpaid, $2,4C0 00 

Unearned premiums on outstanding risks, . 284,780 83 

Return premiums on cancelled policies, . . 451 27 

Surplus due on terminated policies, . . . 2,094 41 

State and local taxes, 207 07 

Commissions and brokerage, .... 3,179 56 

Gross liabilities, 1 — 



293,113 14 



Net cash assets, $ 388,258 23 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$232,350 00 
463,750 00 
352,500 00 



106 



WORCESTER MUTUAL FIRE INSURANCE CO. 



Income. 

Premiums outstanding Dec. 31, 1893, . . $10,565 61 
Premiums on risks written or renewed, . . 138,653 67 

Total, $149,219 28 

Premiums now in course of collection, . . 9,463 85 

Entire premiums collected, .... |139,755 43 
Less reinsurance and return premiums, . . 4,619 54 

Net cash premiums received, .... $135,135 89 

Received for extra premiums, 1,497 63 

Interest and dividends received from all sources, . . . 25,995 48 

Income from rents, 6,761 50 

Gross cash income, $169,390 50 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses 

Cash paid as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, . 
for incidentals, .... 

Gross cash expenditures, .... 



?43,940 31 
327 09 



$43,613 22 

78,113 81 

16,795 78 

12,423 00 

3,594 58 

4,136 60 

$158,676 99 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31,1893, $38,137,831 00 
Risks written during 1894, . 9,655,215 00 



Cash Prem'B. Conting't Prem's 

$557,491 24 $557,491 24 
138,653 67 138,653 67 



Total $47,793,046 00 $696,144 91 $696,144 91 

Risks terminated during 1894, . 8,782,132 00 126,583 24 126,583 24 



Net amount in force, . $39,010,914 00 $569,56167 §569,56167 



Miscellaneous. 

Losses incurred during the year, $39,980 00 

Percentage of profits or surplus returned during 1894, 50 and 70 per cent. 



AGGREGATE. 



Guaranty capital, 



Gross present assets, . 



Assets. 



Liabilities. 
Gross present liabilities, .... 

Income. 
Cash received for premiums during the year, 
for interest and dividends, . 
for assessment on deposit notes, 
for rents, .... 
from all other sources, . 

Gross cash income, .... 



Expenditures. 

Cash paid for losses, 

for brokerage and commission on premiums, 
for salaries and fees of officers and employees, 
for interest on borrowed money, 
for State and local taxes, .... 

for rents, 

for return of profits or surplus, . 

for dividends on guaranty capital, 

for all other expenditures, .... 

Total expenditures, 



General Items. 
Risks written during the year, .... 
terminated during the year, 
outstanding at end of year, 
Amount of contingent premiums received thereon, 
of losses incurred during the year, 
of permanent fund, 



$100,000 00 



$10,797,789 00 



$5,759,970 00 



$5,739,745 00 

414,579 00 

32,103 00 

25,374 00 

63,590 00 



$6,275,391 00 


$1,750,915 00 


514,157 


00 


312,056 


00 


284 


00 


71,262 


00 


25,941 


00 


2,827,651 


00 


7,000 


00 


243,883 00 


. $5,753,149 


00 



$602,324,896 00 

512,450,625 00 

877,687,858 00 

25,342,477 00 

1,492,096 00 

3,982,725 00 



MASSACHUSETTS 

MUTUAL MARINE INSURANCE COMPANIES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements for the Year ending 

December 31, 1894. 



110 



CHINA MUTUAL INSURANCE CO. 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



CHINA MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated April 30, 1853. Commenced business Oct. 1, 1853.] 
EDMUND A. POOLE, President. WILLIAM H. LORD, Secretary. 

Office, 70 Kilby Street. 



Detailed Statement of Stocks 



100 shares Atlas National Bank, 



100 
100 
100 
100 
100 
100 
75 
100 
200 



Commerce National Bank, 

Continental National Bank, . 

Hide and Leather National Bank, 

New England National Bank, 

North National Bank, 

Republic National Bank, 

Old Colony Railroad, 

Fitch burg Railroad, 

New York, New Haven & Hart. R.R 



and Bonds. 

Par Value. 

$10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
7,500 00 
10,000 00 
20,000 00 



Market Value. 

$11,700 00 
11,300 00 
11,075 00 
10,875 00 
16,250 00 
11,425 00 
15,900 00 
13,500 00 
8,700 00 
39,200 00 



Securities held as collateral for cash loans : — 

31 shares Boston Casting Co , . 

Vessel property, 



$107,500 00 $149,925 00 

Market Value. Loaned Thereon. 

83,100 00 $3,000 00 

4,000 00 2,100 00 



$7,100 00 $5,100 00 



Summary of Assets Dec. 31, 1894. 



Stocks and bonds, as per schedule, . 

Loans on collateral security, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, 

Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Reinsurance, salvage, etc., .... 
Premiums more than 3 months due, $1,000 00 
Gross assets, 



Liabilities. 



Total amount of losses, unpaid, 
Less reinsurance, 

Net amount of unpaid losses, . 



$149,925 00 

5,100 00 

9,253 30 

19,070 57 

25,591 57 

23,007 39 

2,645 00 



£54,793 00 
11,200 00 

?43,593 00 



£234,592 83 



CHINA MUTUAL INSURANCE CO. 



Ill 



Unearned premiums on outstanding risks, 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, 
Commissions and brokerage, .... 

Reinsurance disallowed, 

Gross liabilities, except capital, . 

Surplus as regards policy-holders, . 

Scrip outstanding, not ordered to be redeemed, 

Impairment of scrip reserve, . 

Income. 
Marine premiums outstanding Dec. 31, 1893, . 
Premiums on risks written or renewed, . 



$65,951 85 

60 00 

600 00 

1,500 00 

10,871 67 



$122,576 52 

$112,016 31 
516,090 00 

$394,073 69 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash marine premiums received, 
Interest and dividends received from all sources, 



$74,686 52 
203,486 56 

$278,173 08 
49,598 96 

$228,574 12 
27,644 21 



$200,929 91 
5,935 37 



Gross cash income, $206,865 28 



Expenditures. 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 

Gross cash expenditures, .... 



$185,413 89 
16,092 21 



Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 



Total, 

Risks terminated during 1894, . 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, 



$3,599,461 
13,756,858 

$17,356,319 
13,773,429 



$169,321 68 

11,877 75 

15,400 00 

2,101 75 

10,487 82 

$209,189 00 



Premiums. 

00 $134,155 63 
00 203,486 56 

00 $337,642 19 
00 224,465 69 



$3,582,890 
170,617 



00 $113,176 50 
00 7,779 49 



$3,412,273 00 $105,397 01 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company. 



$15,994,647 00 

. 11,472,913 00 

125,529 00 

. 3,279,076 00 



112 



INDIA MUTUAL INSURANCE CO. 



INDIA MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated March 29, 1867. Commenced business May 2, 1867.] 

Guaranty Fund paid up in Notes, $140,000. 

A. B. ALDEN, President. GEO. H. CROWELL, Secretary. 

Office, 107 Water Street. 



Detailed Statement of Stocks 



New York & New England RR. bonds, 
150 shares Old Colony R.R., . 

80 ' 
100 ' 
40 ' 
50 ' 
40 ' 
10 ' 
10 



Boston & Maine R.R., 
West End R.R., 
Chicago & Burlington R R., 
New York & New England R 
National Webster Bank, . 
Hamilton National Bank, 
Everett National Bank, . 



II., 



and Bonds. 

Par Value. 

$5,000 00 
15,000 00 

8,000 00 

5,000 00 

4,000 00 

5,000 00 

4,000 00 

1,000 00 

1,000 00 



Market Va lue 

05,725 00 

27,000 00 

12,800 00 

8,550 00 

2,840 00 

3,250 00 

3,880 00 

1,107 00 

830 00 



Company's own scrip, 



.81,690 00 



$48,000 00 $65,982 00 



Summary oe Assets Dec. 31, 1894. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 

Cash deposited in bank, 

Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Subscription notes on time, not exceeding 
twelve months, not yet due, .... 
Gross assets, 

Liabilities. 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks 

Interest due or accrued on scrip, 

Due and accrued for rent, salaries, etc., 

Commissions and brokerage, . 

Reinsurance, 

Gross liabilities, except guaranty fund 
and scrip, .... 



$65,982 00 

508 56 

2,204 01 

2,549 52 

1,439 52 

140,000 00 



$2,000 00 

5,000 00 

2,865 75 

133 63 

212 63 

344 07 

76 38 



$212,683 61 



Surplus as regards policy-holders, . 

Guaranty fund, $140,000 00 

Scrip outstanding, not ordered to be redeemed, 156,272 00 



Impairment of scrip reserve, . 



10,632 46 
$202,051 15 



296,272 00 



$94,220 85 



INDIA MUTUAL INSURANCE CO. 



113 



Income. 

Premiums on risks written, 
Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Marine premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, 

Interest and dividends received from all sources, 

Income from salvages, 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 
Net cash paid for fire losses, .... 
Interest paid scrip-holders, .... 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent, 

for incidentals, 

Gross cash expenditures, .... 



16,058 07 
2,549 52 



$3,508 55 
487 80 


$ 152 82 
64 09 



$512 51 
392 75 



$3,020 75 



88 73 
1,230 00 
1,295 37 

$5,634 85 



$119 76 

75 

378 00 

1,683 33 

51 00 

413 32 

1,254 35 

>3,900 51 



Risks and Premiums. 



Fire risks written during 1894, 
Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$498,734 00 
51,700 00 

$447,034 00 
12,750 00 



Premiums. 

$6,058 07 
486 63 

$5,571 44 
125 67 



$434,284 00 $5,445 77 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 



$3,457,022 00 

2,529,795 00 

2,000 00 



AGGREGATE. 



Whole amount of guaranty fund, in subscription notes, 
"Whole amount of outstanding scrip not cancelled, . 



Gross present assets, 



Gross present, liabilities, 



Assets. 



Liabilities. 



Income. 
Cash actually received for fire premiums, . . 
actually received for marine premiums, 
for interest and dividends from all sources, 
from all other sources, .... 

Gross cash income, ..... 

Expenditures. 

Cash actually paid during the year for fire losses, 

actually paid during the year for marine losses, 
for brokerage and commissions on premiums, 
for salaries and pay of officers and employees, 
for State and local taxes, .... 
for office, agency and incidental expeuses, . 

Interest paid scrip holders, 

Gross cash expenditures, .... 

Miscellaneous. 
Whole amount of fire risks written during the year, 
premiums charged or receivable thereon, 
marine risks written during the year, 
premiums charged or receivable thereon, 
fire risks terminated during the year, 
marine risks terminated during the vear, 
fire risks outstanding at end of vear, 
marine risks outstanding at end of year, 
fire losses incurred during the year, 
marine losses incurred during the year, . 



$140,000 00 
662,362 00 



$447,277 00 
$133,209 00 



?3,109 00 

2i>0,930 00 

7,165 00 

1,296 00 



• 


$212,500 00 




8120 00 




169,322 00 




12,256 00 




17,082 00 




2,153 00 




12,156 00 




1 00 



$213,090 00 



$498,734 00 

6,058 00 

13,756,858 00 

2> '3,487 00 

51,7u0 

13,773,429 

434.2*4 

3,412.273 

2,000 

125,529 



00 
00 
00 
00 
00 
00 



MASSACHUSETTS 

JOINT-STOCK FIRE, MARINE AND FIRE-MARINE 

INSURANCE COMPANIES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1894. 



116 



AMERICAN INSURANCE CO. 



DETAILED STATEMENT OF ASSETS AND LIABILITIES. 



AMERICAN INSURANCE COMPANY, BOSTON. 

[Incorporated June 12, 1818. Commenced business June, 1818.] 

Paid up Capital, $300,000. 

FRANCIS PEABODY, President. HENRY 8. BEAN, Secretary. 

Office, 30 Kilby Street. 



Detailed Statement of Stocks 



200 " Columbian National Bank, 

45 " National Eagle Bank, 
170 " Globe National Bank, 
142 " Hamilton National Bank, 

62 " New England National Bank 
100 " Suffolk National Bank, . 
152 " State National Bank, 
280 " National Union Bank, 
100 " Merchants 1 National Bank, 

56 " Tremont National Bank, 

69 " Washington National Bank, 
578 " Boston & Albany Railroad, 

13 " Boston & Lowell Railroad, 
200 " Old Colony Railroad, 

8 " Merrimack Manufacturing Co 
Chicago, Burlington & Quincy Railroad bonds 
Eastern Railroad bonds, .... 
Chicago, Milwaukee & St. Paul R.R. bonds, 
Cincinnati, Ind., St. Louis & Chic. R.R. bonds, 



Securities held as collateral for cash loans : — 
200 shares Essex Building Co., 



and Bonds. 

Par Value. 

$22,200 00 
20,000 00 

4,500 00 
17,000 00 
14,200 00 

6,200 00 
10,000 00 
15,200 00 
28,000 00 
10,000 00 

5.600 00 

6,900 00 
57,800 00 

6,500 00 
20,000 00 

8,000 00 
50,000 00 
20,000 00 
25,000 00 
40,000 00 



Market Valne. 

?23,365 50 
20,700 00 

3,600 00 
15,300 00 
15,762 00 
10,075 00 
10,050 00 
17,632 00 
37,800 00 
15,700 00 

4,760 00 

7,659 00 

120,224 00 

12,772 50 

36,000 00 

9,200 00 
46,750 00 
24,250 00 
29,750 00 
38,400 00 



$387,100 00 $499,750 00 

Market Value. Loaned Thereon. 

$20,000 00 $15,000 00 



Summary of Assets Dec. 31, 1894. 

Stocks and bonds, as per schedule, . . . $499,750 00 

Loans on collateral security, as per schedule, . 15,000 00 

Cash in the office of the company, . . . 1,042 27 

Cash deposited in bank, 17,479 bb 

Interest due and accrued, 2,925 73 

Premiums in course of collection (gross), . 25,874 15 
Premiums more than 3 months due, .f 1,148 39 

Gross assets, . . . . . 



$562,071 70 



AMERICAN INSURANCE CO. 



117 



Liabilities. 

Losses adjusted, unpaid, . . 
claimed aud reported, . 
disputed or resisted, * . 

Total amount of losses, . . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 
Reinsurance, ..... 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 



Surplus over capital, 



$11,603 87 

20,680 20 

1,900 00 

$34,184 07 

531 50 



$33,652 57 

162,685 18 

177 00 

2,490 11 

50 42 

4,513 48 

2,770 32 

2,123 80 



$208,462 88 

$353,608 82 
300,000 00 

$53,608 82 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 



Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 

• 

Total, 

Less reinsurance and return premiums, . 
Net cash marine premiums received, 
Interest received on mortgages, . . 
Income from additional premiums, . 



Gross cash income, 



f 49,564 41 
437 86 

$49,126 55 
267,987 13 

$317,113 68 

26,584 68 



$290,529 00 

74,454 36 

$2,673 75 

223 75 



$2,897 50 
208 65 



$216,074 64 



$2,688 85 

22,662 56 

3,442 69 

$244,868 74 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, . . , 
Net cash paid for fire losses, ... 
Cash paid for marine and inland losses, . 



$173,812 58 
12,681 65 



$161,130 93 
422 36 



118 



BOSTON MARINE INSURANCE CO. 



Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals 



$8,916 00 
47,345 72 
22,784 58 
7,833 65 
14,164 88 



Gross cash expenditures, $262,598 12 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . . , 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total 

Deduct risks expired and terminated, 



.840,831,411 00 
. 24,071,749 00 



Premiums. 

$480,893 26 
267,987 13 



.$64,903,160 00 
. 30,906,965 00 



-,880 39 
354,974 91 



.$33,996,195 00 
. 3,178,137 00 



$393,905 48 
41,327 69 



. $30,818,058 00 $352,577 79 



$82,500 00 
5,500 00 



$3,412 25 
223 75 



$88,000 00 
88,000 00 



?3,636 00 
3,636 00 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the vear, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (3 per cent.), . 
Company's stock owned by directors, .... 



?1 1,325,264 00 

7,894,713 00 

142,773 00 

422 00 

2,761,500 00 

9,000 00 

22,400 00 



BOSTON MARINE INSURANCE COMPANY, BOSTON. 

[Incorporated Dec. 23, 1S73. Commenced business Jan. 20, 1874.] 

Paid-up Capital, $1,000,000. 

RANSOM B. FULLER,, President. THOMAS H. LORD, Secretary. 

Office, 17 State Street. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Boston city bonds, $125,000 00 $139,800 00 

Chicago, Burlington & Quincy R.R. bonds, . 41,000 00 41,922 50 



BOSTON MARINE INSURANCE CO. 



119 



Oregon Short Line Railroad bonds, . 

Louisville, Evansville & St. Louis R R. bonds, 

Fitchburg Railroad bonds, 

Wisconsin Central Railroad bonds, . 

Union Pacific, Lincoln & Col. Railroad bonds 

Atch., Topeka & Santa Fe R.R. bonds, 

Toledo, St. Louis & Kansas City R.R. bonds, 

Brookline Gas Light Company bonds, 

Newton city bonds, . 

West Shore Railroad bonds, 

Boston & Lowell Railroad bonds, 

Ore. Shore Line & Utah Northern R.R. stock, 

Chicago, Burlington & Quincy Railroad stock 

Iron Railway Company stock, 

Toledo, St. Louis & Kansas City R.R. stock, 

Manchester Mills stock, . 

Boston & Albany Railroad stock, 

Boston & Lowell Railroad stock, 

Fitchburg Railroad stock, 

Pullman Palace Car Company, 

Connecticut & Passumpsic Railroad stock, 

Atlantic Bank stock, . 

Atlas Bank stock, 

Beverly Bank stock, . 

Brookline Bank stock, 

Columbian Bank stock, 

Commercial Bank stock, . 

Continental Bank stock, . 

Eagle Bank stock, 

Eliot Bank stock, 

Exchange Bank stock, 

First Bank stock, 

First Bank, Salem, stock, . 

Freeman's Bank stock, 

Globe Bank stock, 

Grand Bank, Marblehead, stock, 

Hamilton Bank stock, 

Hide and Leather Bank stock, . 

Howard Bank stock, . 

Lincoln Bank stock, . 

Mercantile Bank, Salem, stock, 

Merchants' Bank stock, . 

Merchants' Bank, Salem, stock, 

Naumkeag Bank, Salem, stock, 

New England Bank stock, 

North Bank stock, 

Old Boston Bank stock, . 

Railroad Bank, Lowell, stock, 

Republic Bank stock, 



Par Value. 

$10,000 00 

2,000 00 
25,000 00 
20,000 00 
25,000 00 
125,000 00 
20,000 00 
25,000 00 
23,000 00 

5,000 00 
25,000 00 

5,000 00 
54,000 00 
29,700 00 
53,000 00 
20,000 00 
20,000 00 
10,000 00 
25,000 00 
12,000 00 

5,000 00 
10,000 00 
10,600 00 
13,000 00 
10,000 00 
12,000 00 
31,000 00 
10,000 00 
15,200 00 
29,300 00 
10,000 00 
10,000 00 
10,000 00 
18,000 00 
15,000 00 

1,700 00 
10,000 00 
11,000 00 
10,000 00 
16,600 00 
10,000 00 
23,000 00 

5,000 00 
10,000 00 
15,000 00 
10,000 00 
10,000 00 

5,000 00 
15,000 00 



Market Value. 

$8,850 00 

2,095 00 

27,250 00 

10,650 00 

9,000 00 

55,875 00 

11,900 00 

25,500 00 

27,062 50 

5,300 00 

25,875 00 

337 50 

38,272 50 

14,850 00 

3,180 00 

20,000 00 

41,600 00 

19,650 00 

21,750 00 

18,390 00 

6,600 00 

12,850 00 

12,402 00 

18,200 00 

12,000 00 

12,360 00 

27,540 00 

11,075 00 

12,160 00 

39,115 50 

13,062 50 

24,025 00 

9,000 00 

16,200 00 

13,500 00 

2,040 00 

10,475 00 

11,962 50 

9,650 00 

13,321 50 

11,000 00 

36,167 50 

6,850 00 

12,900 00 

24,375 00 

11,425 00 

10,525 00 

5,950 00 

23,850 00 



120 



BOSTON MARINE INSURANCE CO. 



Revere Bank stock, . 
Second Bank stock, . 
State Bank stock, 
Stiff »lk Bank stock, . 
Treinont Bank stock, 



Par Value. 

$20,000 00 
20,000 00 
20,000 00 
10,000 00 
10,000 00 



Market Value. 

$19,050 00 

36,000 00 

23,100 00 

10,000 00 

8,500 00 



$1,U6,100 00 $1,096,341 50 



Securities held as collateral for cash loans : — 

800 shares Cobb Lime Company, 
60 " American Fire Hose Mfg. Co , 
10 " Union Pacific R.R. Co , . 

Kansas State bonds, 

Old Colony Railroad bond, 

30 shares Gloucester Gas Light Co., 

1 shares Rome. Waterto wn &Ogdensburg R R., 

Peabody town bonds, 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Kotes taken for marine and inland risks, 
Gross assets, 

Liabilities. 
Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



Inxome. 
Marine premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, 



Market Value. 

$18,000 00 
3,000 00 
110 00 
500 00 
2,080 00 
3,000 00 
1,110 00 
2,000 00 

$59,800 00 

31, 1894. 

$31,740 78 

862,U0 00 

4,588 08 

1,096,341 50 

33,900 00 

445,026 64 

3,251 87 

143,936 53 

256,656 47 



$240,108 00 
403,043 67 



Loaned Thereon. 

$25,000 00 

2,000 00 

300 00 

1,800 00 
2,000 00 
1,000 00 
1,800 00 

$33,900 00 



£2,877,581 87 



643,151 67 

. §2,234,430 20 
. 1,000,000 00 



$1,234,430 20 



$626,245 14 
1,051,558 82 

£ 1,677,803 96 
400,593 00 

$1,277,210 96 
127,641 19 



81,149,569 77 



* Total value of property mortgaged $1,947,900 00 

Amount of insurance held as collateral 694,764 00 



EQUITABLE MARINE INSURANCE CO, 



121 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, .,.•.... 



$29,035 39 

58,459 73 

2,710 17 



Gross cash income, $1,239,775 06 



Expenditures. 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



Gross cash expenditures, 



$734,105 16 
101,102 05 



$633,003 11 
100,000 00 
23,471 64 
54,144 40 
11,692 65 
60,011 45 



$882,323 25 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 



Risks and Premiums. 

Premiums. 

.|tl,143,007 00 $702,748 14 
. 57,420,067 00 1,051,558 82 



Total 

Deduct risks expired and terminated, 

In force at end of year, . , 
Deduct amount reinsured, 

Net amount in force, . 



1,563,074 00 $1,754,306 96 
. 58,391,155 00 1,091,856 38 



.$10,171,919 00 $662,450 58 
231,215 00 12,351 89 



1,940,704 00 $650,098 69 






Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the } 7 ear (10 per cent.), 
Company's stock owned by directors, . ... 



$23,369,719 00 

16,247,521 00 

715,848 00 

1,630,000 00 

100,000 00 

111,600 00 



EQUITABLE MARINE INSURANCE COMPANY, PROVINCETOWN. 

[Incorporated 1845. Commenced bueineBs 1846.] 
Paid-up Capital, $50,000. 
LYSANDER M. PAINE, President. LEWIS NIOKERSON, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

80 shares Freeman's National' Bank, Boston, . $8,000 00 $7,200 00 

65 " First National Bank, Provincetown, 6,500 00 8,775 00 

15 " Revere National Bank, Boston, . 1,500 00 1,428 75 

15 " State National Bank, Boston, . , 1,500 00 1,732 50 



122 



EQUITABLE MARINE INSURANCE CO. 



45 shares National Bank of Republic, Boston, 

16 " Hide and Leather Nat'l Bank, Boston, 

24 " Boston & Albany Railroad, 

20 " Union Pacific Railroad, . 

Bangor city bonds, .... 

Cincinnati city bonds, 

Kansas City bonds, .... 

Portsmouth, X. H., city bonds, . 

Toledo city bonds, .... 

Omaha city bonds, .... 

Duluth city bonds, .... 

St. Paul city bonds, .... 

New York & New England Railroad bonds, 

Chicago & North Western Railroad bonds, 

Fitchburg Railroad bonds, 

Boston, Revere Beach &Lynn Railroad bonds 

Atchison, Topeka & Santa Fe Railroad bonds 

New England Mortgage Security Co. bonds, 



Summary of Assets Dec 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, ..... 

Liabilities. 
Losses adjusted, unpaid, .... 

Losses claimed and reported, . 

Unearned premiums on outstanding risks, 

Dividends to stockholders, unpaid, . 

State and local taxes, .... 

Reinsurance disallowed, .... 

Gross liabilities, except capital, . 

Surplus as regards policy holders, . 
Paid-up capital, ..... 



Par Value. 

$4,500 00 
1,600 00 
2,400 00 
2,000 00 
2,000 00 
3,000 00 
2,500 00 
5,000 00 
3,000 00 
3,000 00 
3,000 00 
3,000 00 
2,000 00 
2,000 00 
5,000 00 
4,000 00 
2,500 00 
1,000 00 



Market Value. 
♦7,155 00 

1,740 00 
4,992 00 
240 00 
2,325 00 
3,672 50 
2,800 00 
5,050 00 
3,375 00 
3,375 00 
3,180 00 
3,240 00 
2,240 00 
2,160 00 
5,250 00 
4,120 00 
1,115 00 
1,000 00 



$69,000 00 $76,165 75 

31, 1894. 

$76,165 75 

824 03 

15,5U7 71 

438 00 

4,296 03 

12,974 38 

— $110,205 90 



$1,000 00 

5,897 63 

25,403 14 

4,000 00 

225 00 

37 50 



Surplus over capital, 



Income. 
Marine premiums collected, .... 
Less insurance and return premiums, . . 
Net cash marine premiums received, 
Interest and dividends received from all sources, 

Gross cash income, , ... 



36,563 27 

$73,642 63 
50,000 00 

$23,642 63 



$28,833 89 
2,534 09 



$26,299 80 
3.726 93 

$30,026 73 



firemen's FIRE INSURANCE CO. 



123 



Expenditures. 

Cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, 



$13,749 41 

4,000 00 

2,397 67 

1,550 00 

489 38 

412 69 

$22,599 15 



Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$367,916 00 
609,311 00 



$977,227 00 
568,495 00 



$408,732 00 
18,800 00 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, 



Premiums. 

$24,141 32 
34,487 92 



$58,629 24 
31,744 10 

$26,885 14 
1,482 00 



$389,932 00 $25,403 14 



$463,238 00 

319,883 00 

19,647 00 

54,500 00 

4,000 00 

10,200 00 



FIREMEN'S FIRE INSURANCE COMPANY, BOSTON. 



[Incorporated Dec. 21, 1872. Commenced business Dec. 30, 1872.] 

Paid-up Capital, $400,000. 

THOMAS W. TUCKER, President. HENRY C. SHORT, Secretary. 

Office, 43 Kilby Street. 



Detailed Statement of Stocks and Bonds. 



Boston city bonds, 
Fall River city bonds, 
Lawrence city bonds, 
Quincy city bonds, . 
Haverhill city bonds, 
Brookline town notes, 
Eastern Railroad bonds, 



Par Value. 

$60,000 00 
30,000 00 
20,000 00 
8,000 00 
10,000 00 
18,000 00 
22,500 00 



Market Value. 

$65,700 00 
33,000 00 
21,100 00 
8,360 00 
10,550 00 
18,360 00 
27,225 00 



124 



firemen's FIRE INSURANCE CO. 



Fitehburg Railroad bonds, 

Boston & Providence Railroad bonds, 

Old Colony Railroad bonds, 

Boston & Maine Railroad bonds, 

Boston & Lowell Railroad bond, 

Boston & Albany Railroad bonds, . 

Maine Central Railroad bonds, 

Chicago, Burlington & Quincy R.R. bonds, 

Kan. City, St. Joseph & C. Bluffs R.R. bonds, 

Chicago, Burlington & Northern R.R. bonds, 

Cedar Rapids, Iowa Falls & No. W. R.R. bonds 

St. Paul & North Pacific Railroad bonds, 

Atchison, Topeka & Santa Fe Railroad bonds 

Jackson, Lansing & Saginaw R.R. bonds 

Old Colony Steamboat Company bonds, 

200 shares City National Bank, 

200 " Hamilton National Bank, 

200 " Eagle National Bank, . 

53 " Webster National Bank, 
200 " Revere National Bank, . 
103 " Atlas National Bank, 
200 " Boston National Bank, . 

12 " Old Boston National Bank, 
284 " Atlantic Cotton Mills stock, 
Loan to Arlington mills, . , . 



Par Value. 

$20,000 00 
25,000 00 
20,000 00 
10,000 00 

1,000 00 
25,000 00 
10,000 00 
25,000 00 
20,000 00 
25,000 00 
25,000 00 
30,000 00 
20,000 00 
10,000 00 
15,000 00 
20,000 00 
20,000 00 
20,000 00 

5,300 00 
20,000 00 
10,300 00 
20,000 00 

1,200 00 
28,400 00 
10,000 00 



Market Value. 
$21,800 00 

26,500 00 
21,200 00 
10,350 00 

1,045 00 
26,500 00 
10,100 00 
24,593 75 
24,400 00 
25,875 00 
22,500 00 
35,100 00 
12,600 00 
10,300 00 
15,000 00 
16,000 00 
22,150 00 
16,000 00 

5,141 00 
19,000 00 
12,051 00 
20,050 00 

1,263 00 
19,312 00 
10,000 00 



$604,700 00 $613,125 75 



Summary of Assets Dec 

Lo?ns on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, . . 



31, 1894. 

$194,000 00 

1,699 37 

613,125 75 

482 90 

63,409 37 

4,974 16 

12,498 79 



$890,190 34 



Liabilities. 

Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc., . 
State and local taxes, .... 



?2,677 59 

5,461 22 

209,875 83 

80 00 

1,000 00 

1,000 00 



* Value of lands mortgaged, . 
Value of buildings thereon, . . 
Amount of insurance held as collateral, 



$172,000 00 
159,400 00 
170,100 00 



firemen's FIRE INSURANCE CO. 



125 



Commissions and brokerage, . 
Return premiums and reinsurance, . 
Gross liabilities, except capital, 



$2,261 21 
600 00 



$222,955 85 



Surplus as regards, policy-holders, $667,234 49 

Paid-up capital, 400,000 00 

Surplus over capital, $267,234 49 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from refunded bank tax, 

Miscellaneous 



sources, 



Gross cash income, 



EXPENDITURES 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employee 
for State and local taxes, 

for rent, 

for incidentals, 

Gross cash expenditures, . 



$16,915 39 
50 00 

$16,865 39 
311,939 19 

$328,804 58 
12,498 79 

$316,305 79 
152,025 28 



$73,980 65 
7,530 46 



'S, 



$164,280 51 

9,070 00 

26,507 15 

1,372 41 

392 84 

$201,622 91 



$66,450 19 

32,082 00 

17,264 59 

14,425 00 

5,187 83 

3,000 00 

6,387 64 

$144,797 25 



Fire risks outstanding Dec. 3l, 1893, 
Fire risks written during 1804, 



Risks and Premiums. 

Premiums. 

$21,656,256 00 $232,685 82 
35,256,991 00 311,939 19 



Total, . ... 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, 



$56,913,247 00 $544,625 01 
14,153,017 00 137,931 78 



$42,760,230 00 $406,693 23 
882,733 00 8,931 87 



$41,877,497 00 $397,761 36 



126 



FIRST NATIONAL FIRE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, . . 



£2,862,258 00 

1,462,959 00 

56,785 00 

645,000 00 

32,000 00 

23,300 00 



FIRST NATIONAL FIRE INSURANCE COMPANY, 
WORCESTER. 

[Incorporated April, 1868. Commenced business January, 1869.] 

Paid-up Capital, $200,000. 

CHARLES B. PRATT, President. GEORGE A. PARK, Secretary. 



Detailed Statement of Stocks 



. 50 shares Fitchburg Railroad stock, 

78 ' 

30 ' 

50 ' 
120 ' 

27 

15 

31 

25 

20 

24 



Norwich & Worcester Railroad, . 
Worcester National Bank, . . 
Worcester Safe Deposit & Trust Co., 
First National Bank, Worcester, . 
Eliot National Bank, Boston, , 

North National Bank, Boston, 
Boylston National Bank, Boston, . 
Merchants 1 National Bank, Boston, 
Revere National Bank, Boston, 
Nat'l Bank of Commerce, Boston, 



Fitchburg Railroad bonds, 



and Bonds. 

Par Value. 

$5,000 00 
7,800 00 
3,000 00 
5,000 00 

12,000 00 
2,700 00 
1,500 00 
3,100 00 
2,500 00 
2,000 00 
2,400 00 

12,000 00 



Market Value. 

£4,350 00 

13,533 00 
4,500 00 
7,650 00 

20,400 00 
3,604 50 
1,725 00 
3,906 00 
3,918 75 
1,905 00 
2,712 00 

12,900 00 



$59,000 00 181,104 25 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 

Loans on mortgage of roal estate (first liens*), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, 

Loans on personal security, 

Cash in the office of the company, 

Cash deposited in bank, . 

Interest due and accrued, . 

Premiums in course of collection (gross) 

Bills receivable, . 

Gross assets, . . . 



$550 00 

180,393 62 

3,259 04 

81,104 25 

400 00 

2,229 76 

16,742 59 

487 00 

29,383 48 

1,750 00 



$316,299 74 



* Total value of property mortgaged, . 
Amount of insurance held as collateral, 



$363,500 00 
126,850 00 



FIRST NATIONAL FIRE INSURANCE CO. 



127 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount oflosses, . . 
Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, . 



Surplus over capital, . 



Income 



Fire premiums outstanding Dec. 31, 1893 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, . 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from commissions, etc., , 
Income from all other sources, 



other 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, , , 

Net cash paid for fire losses, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$5,500 98 

7,823 88 

800 00 

$14,124 86 
227 93 

$13,896 93 

93,837 16 

4,407 51 



$37,600 67 

209 07 

$37,391 60 

190,595 98 

$227,987 58 

29,383 48 

$198,604 10 

41,313 96 



sources, 



$128,662 70 
5,640 82 



$112,141 60 

$204,158 14 
200,000 00 

$4,158 14 



$157,290 14 
8,193 80 
5,030 84 
2,500 00 
2,700 00 

$175,714 78 



$123,021 88 

39,454 85 

8,692 00 

2,839 92 

9,884 21 



Gross cash expenditures, $183,892 86 



126 



FIRST NATIONAL FIRE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, . 



$2,862,258 00 

1,462,959 00 

56,785 00 

645,000 00 

32,000 00 

23,300 00 



FIRST NATIONAL FIRE INSURANCE COMPANY, 
WORCESTER. 

[Incorporated April, 1868. Commenced business January, 1869.] 

Paid-up Capital, $200,000. 

CHARLES B. PRATT, President. GEORGE A. PARK, Secretary. 



Detailed Statement of Stocks 



. 50 shares Fitchburg Railroad stock, 

78 

30 

50 
120 

27 

15 

31 

25 

20 

24 



Norwich & Worcester Railroad, . 
Worcester National Bank, . . 
Worcester Safe Deposit & Trust Co., 
First National Bank, Worcester, . 
Eliot National Bank, Boston, , 

North National Bank, Boston, 
Boylston National Bank, Boston, . 
Merchants 1 National Bank, Boston, 
Revere National Bank, Boston, 
Nat'l Bank of Commerce, Boston, 



Fitchburg Railroad bonds, 



and Bonds. 

Par Value. 

$5,000 00 
7,800 00 
3,000 00 
5,000 00 

12,000 00 
2,700 00 
1,500 00 
3,100 00 
2,500 00 
2,000 00 
2,400 00 

12,000 00 



Market Value. 

$4,350 00 

13,533 00 

4,500 00 

7,650 00 

20,400 00 

3,604 50 

1,725 00 

3,906 00 

3,918 75 

1,905 00 

2,712 00 

12,900 00 



$59,000 00 $81,104 25 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 

Loans on mortgage of roal estate (first liens*), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, 

Loans on personal security, 

Cash in the office of the company, 

Cash deposited in bank, . 

Interest clue and accrued, . 

Premiums in course of collection (gross) 

Bills receivable, 

Gross assets, , . , 



$550 00 

180,393 62 

3,259 04 

81,104 25 

400 00 

2,229 76 

16,742 59 

487 00 

29,383 48 

1,750 00 



$316,299 74 



* Total value of property mortgaged, . 
Amount of insurance held as collateral, 



$363,500 00 
126,850 00 



FIRST NATIONAL FIRE INSURANCE CO. 



127 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, , 
disputed or resisted, , . 

Total amount oflosses, , . 
Less reinsurance, .... 

Net amount of unpaid losses, . . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, ... 

Surplus over capital, . , , 

Income 

Fire premiums outstanding Dec. 31, 1893 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from commissions, etc., , 
Income from all other sources, 



$5,500 98 

7,823 88 

800 00 

$ 14,124 86 
227 93 

$13,896 93 

93,837 16 

4,407 51 



$37,600 67 

209 07 

$37,391 60 

190,595 98 

$227,987 58 

29,383 48 

$198,604 10 

41,313 96 



$112,141 60 

$204,158 14 
200,000 00 

$4,158 14 



other sources, . 



$157,290 14 
8,193 80 
5,030 84 
2,500 00 
2,700 00 



Gross cash income, ........ $175,714 78 

i 

Expenditures. 

Cash paid for fire losses, $128,662 70 

Deduct salvage and reinsurance, , , . 5,640 82 

Net cash paid for fire losses, .... $123,021 88 

Cash paid for commissions and brokerage, .... 39,454 85 
for salaries of officers and employees, . . . 8,692 00 

for State and local taxes, 2,839 92 

for incidentals, . ....... 9,884 21 



Gross cash expenditures, $183,892 86 



128 



MERCANTILE FIRE AND MARINE INSURANCE CO. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

.$15,701,305 00 $196,026 91 
. 13,738,085 00 190,595 98 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $29,439,390 00 $386,622 89 
. 13,966,474 00 195,959 74 



.$15,472,916 00 $190,663 15 
500,346 00 6,622 21 



.$14,972,570 00 $184,040 94 



Miscellaneous. 
Premiums received from organization of company, , 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, . 



$3,110,483 00 

1,962,131 00 

99,999 00 

192,000 00 

84,600 00 



MERCANTILE FIRE AND MARINE INSURANCE COMPANY, 

BOSTON. 

[Incorporated Fob. 11, 1823. Commenced bueineeB May, 1823.] 

Paid-up Capital, $400,000. 

GEO. R. ROGERS, President. JAMES SIMPSON, Secretary. 

Office, No. 58 State Street. 



Detailed Statement of Stocks, 

100 shares Atlantic NationalBank, . 
200 ' 
370 
214 
300 
120 

160 ' 
200 ' 
18 ' 
178 ' 
535 ' 
200 ' 
200 
200 



City National Bank, 
Columbian Natkmal Bank, 
Eagle National Bank, 
Globe National Bank, 
Hamilton National Bank, 
New England National Bank 
North National Bank, 
Railroad National Bank, . 
State National Bank, 
Suffolk National Bank, . 
Tremont National Bank, . 
Union National Bank, 
Boston & Providence Railroad 



Bonds, etc. 

Par Value. 

$10,000 00 
20,000 00 
20,000 00 
21,400 00 
30,000 00 
12,000 00 
16,000 00 
20,000 00 
1,800 00 
17,800 00 
53,500 00 
20,000 00 
20,000 00 
20,000 00 



Market Value. 

$12,812 00 
16,000 00 
20,600 00 
17,120 00 
27,000 00 
13,245 00 
26,000 00 
22,850 00 
2,241 00 
20,559 00 
53,500 00 
17,000 00 
26,850 00 
52,000 00 



MERCANTILE FIRE AND MARINE INSURANCE CO. 



129 



100 shares Chicago, Burl. & Quincy Railroad 

100 " Lymau Mills, . 

Boston city bonds, .... 

Boston & Lowell Railroad bonds, . 

Union Pacific, Lincoln & Colorado R.R., 

Kansas City, Fort Scott & Memphis R.R 

Oregon Ry. and Navigation Co. bonds, 

Chicago, Burlington & Quincy R.R., 

Concord & Montreal Railroad bonds, 

Old Colony Railroad bonds, 

City of Cambridge bonds, 

City of Providence bonds, 

Boston & Albany Railroad bonds, 

Boston & Lowell Railroad bonds, 

City of Lowell bonds, 



Par Value. 

$10,000 00 

10,000 00 

10,000 00 

10,000 00 

25,000 00 

5,000 00 

5,000 00 

1,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

10,000 00 

5,000 00 

5,000 00 



Market Value. 

$7,100 00 

7,150 00 

11,000 00 

10,025 00 

10,000 00 

5,006 00 

2,500 00 

1,017 00 

10,400 00 

10,600 00 

5,325 00 

11,400 00 

10,600 00 

5,162 00 

5,400 00 



$413,500 00 $440,462 00 



Summary of Assets Dec. 31, 1894. 
st liens*) 



Loans on mortgage of real estate (fi 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, ..... 



$93,000 00 

673 42 

440,462 00 

1,727 89 

19,312 93 

1,116 67 

21,660 06 

1,661 68 



$579,614 65 



Liabilities. 



Losses claimed and reported, . 

Losses disputed or resisted, . . . . 


$6,748 35 
3,000 00 




Unearned premiums on outstanding risks, 


139,749 65 




Due and accrued for rent, salaries, etc., . 


1,239 00 




Commissions and brokerage, . 


3,507 18 




Return premiums and reinsurance, . 
Reinsurance disallowed, 


2,893 36 
53 62 




Gross liabilities, except capital, 




157,191 16 


. 


Surplus as regards policy-holders, . 


§422,423 49 
400,000 00 




$22,423 49 


Amount of insurance held as col'ateral, . 





130 



MERCANTILE FIRE AND MARINE INSURANCE CO. 



Income.. 
Premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 



Gross cash income, 



Expenditures. 
Casli paid for fire losses, .... 

Cash paid for marine and inland losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, . 
for rent and incidentals, . 



Gross cash expenditures, . 

Risks and Pe 

Fire risks outstanding Dec. 31, 1893, . 
Fire risks written during 1894, 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks written during 1894, . 
Deduct risks expired and terminated, 



322,903 22 
23 96 



$22,879 26 
213^78 70 


3236,757 
21,660 


96 
06 


$215,097 
49,634 


90 
63 


150 


41 

00 


3648 41 
4,886 43 


35,534 84 
1,661 68 


33,873 
374 


16 
75 



sources, 



3165,463 27 



3,498 41 

4,188 96 

18,632 33 

3191,782 97 



3110,563 63 
425 61 
22,127 00 
38,507 43 
13,650 00 
4,783 92 
15,319 13 



MS. 

325,771,025 00 
18,813,264 00 



3205,376 72 

rrcmlnms. 

£298,380 79 
213,878 70 

3512,259 49 
215,75." 

3296.504 01 
22,854 26 

125,971,359 00 $273,649 75 



344,584,289 00 
16,615,506 00 



327,968,783 00 
1,997,424 00 



$680,000 00 
680,000 00 



-5 43 
-3 43 



NORTH AMERICAN INSURANCE CO. 



131 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (5| per cent.), 
Company's stock owned by directors, 



£7,927,723 00 

5,638,933 00 

93,626 00 

390 CO 

2,172,720 00 

22,000 00 

21,400 00 



NORTH AMERICAN INSURANCE COMPANY, BOSTON. 

[Incorporated December, 1872. Commenced business January, 1873.] 

Paid-up Capital, $200,000. 

SILAS PEIRCE, President. CHARLES E. MACULLAR, Secretary. 

Office, 59 Kilby Street, 



Detailed Statement of Stocks 



United States bonds, . . 

Chicago, Milwaukee & St. Paul R.R. bonds, 

Chicago, Burlington & Quincy R.R. bonds, 

Northern Pacific R.R. bonds, . 

Union Pacific Railroad bonds, . 

Oregon Railway & Nav. bonds, 

Kan. City, Memp. & Birmingham R.R. bonds, 

Consolidated Railroad of Vermont bonds, 

Old Colony Steamboat Co. bonds, . 

Ogdensburg & Lake Champlain R.R. bonds* 

Boston & Maine Railroad bonds, 

138 shares Boston National Bank, . 

50 * 
100 • 

17 • 

95 • 

29 ■ 
150 • 
143 * 

50 ' 
100 " 
100 •' 



' City National Bank, 

' Eliot National Bank, 

' Exchange National Bank, 

' Globe National Bank, 

' Hide and Leather National Bank, 

4 Merchants 1 National Bank, 

' Old Boston National Bank, 

' Shoe and Leather National Bank, 

' State National Bank, 

' Suffolk National Bank, . 

Amer. Sugar Refinery Co/s stock,- . 

Underwriters 1 Salvage Corp. of N. Y., . 



Securities held as collateral for cash loans : — 
Eastern R.R. Co bonds, 



and Bonds, 

Par Value. 

$15,000 00 

5,000 00 

9,000 00 

4,000 00 

6,000 00 

12,000 00 

7,000 00 

5,000 00 

10,000 00 

4,000 00 

10,000 00 

13,800 00 

5,000 00 

10,000 00 

1,700 00 

9,500 00 

2,900 00 

15,^00 00 

14,300 00 

5,000 00 

10,000 00 

10,000 00 

10,000 00 

100 00 



Market Value. 

$17,325 00 

6,600 00 

8,585 00 

4,650 00 

4,200 00 

13,380 00 

1,985 00 

4,300 00 

10,100 00 

4,060 00 

11,100 00 

13,834 50 

4,100 00 

13,350 00 

2,218 50 

8,550 00 

3,153 75 

23,568 75 

15,050 75 

4,550 00 

11,450 00 

10,112 50 

9,300 00 

100 00 



$194,300 00 $205,623 75 

Market Value. Loaned Thereon. 

$1,215 00 $800 00 



132 



NORTH AMERICAN INSURANCE CO. 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the oftice of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Premiums more than 3 months due, $360 04 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 

Losses claimed and reported, . 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 

Return premiums, 

Gross liabilities, except capital, 



Surplus as regards policy-holders, 
Paid-up capital, 



Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, . . . 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Bank tax returned, ..... 
Profit and loss account, .... 



Gross cash income, $178,945 33 



$47,575 00 

55,200 00 

893 57 

205,623 75 

800 00 

873 20 

31,382 71 

1,738 19 

26,534 78 

265 00 



$4,844 09 
8,336 00 

$13,180 09 
889 00 

$12,291 09 
130,745 36 

532 12 
3,407 16 

317 12 



$27,836 65 
222,547 10 

$250,383 75 
26,894 82 



$223,488 93 
59,625 70 



sources, . 



$370,886 20 



147,292 85 



£223,593 35 
200,000 00 



$23,593 35 



? 163,863 23 

3,050 00 

10,098 70 

1,373 84 

522 44 

37 12 



* Value of lands mortgaged, ... 
Value of buildings thereon, . . . 
Amount of nsurance held as collateral, 



$35,250 00 
71,000 00 
58,650 00 



SPRINGFIELD FIRE AND MARINE INSURANCE CO. 



133 



Expenditures. 
Cash paid for fire losses, ..... 
Deduct salvage and reinsurance, . . 
Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 



§128,443 09 
12,775 56 



$115,667 53 

5,000 00 

29,995 58 

15,750 00 

4,071 18 

10,608 85 



Gross cash expenditures, ....... $181,093 14 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



$26,687,729 00 
. 20,338,011 00 

$47,025,740 00 
. 19,619,548 00 

$27,406,192 00 
. 3,244,164 00 



Premiums. 

$289,857 45 
222,547 10 

$512,404 55 
213,124 51 

$299,280 04 
35,665 80 



$24,162,028 00 $263,614 24 



Miscellaneous. 
Premiums received from organization of company, . 
Losses paid from organization of company, 
Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 
Dividends declared during the year (2^ per cent.), 
Company's stock owned by directors, . 



$2,580,766 00 

1,251,590 00 

105,303 00 

300,000 00 

5,000 00 

21,700 00 



SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY, 

SPRINGFIELD. 



[Incorporated 1849. Commenced business 1851.] 
Paid-up Capital, $1,500,000. 



* A. J. WRIGHT, President. 

Detailed Statement of Stocks 

United States bonds, .... 
Amherst (Mass.) Water Co. bonds, . 
Ann Arbor (Mich ) Water Co. bonds, 
Berkshire (Mass.) Water Co bonds, 
Wakefield (Mass ) Water Co. bonds, 
West Springfield (Mass.) Aqueduct Co. bonds, 
Chicago, Burl. & Quincy Railroad bonds, 
Chicago, Burl. & Northern Railroad bonds, . 



S. J. HALL, Secretary. 



and Bonds. 

Par Value. 

$100,000 00 
16,000 00 
50,000 00 
15,000 00 
50,000 00 
25,000 00 
26,000 00 
11 ,000 00 



Market Value. 

5110,000 00 

16,800 00 

55,000 00 

15,750 00 

55,000 00 

26,250 00 

26,630 00 

11,440 00 



* Since deceased. 



134 



SPRINGFIELD FIRE AND MARINE INSURANCE CO. 



Par Value. Market Value. 

Chicago, Milwaukee & St. Paul R.R. bonds, . $10,000 00 $13,000 00 

Chicago & Northwestern Railroad bonds, . 50,000 00 59,000 00 

Detroit, Lansing & Northern Railroad bonds, 2,000 00 1,300 00 

Kan. City, St. Joe & Council Bluffs R.R. bonds, 100,000 00 124,000 00 

New York & Harlem Railroad bonds, . . 10,000 00 11,800 00 

New York, New Haven & Hartford Railroad, 48,000 00 65,760 00 

St. Paul, Minneapolis & Manitoba RR. bonds, 50,000 00 59,000 00 

Union Pacific Railroad bonds, .... 47,000 00 43,240 00 

1,500 shares Boston & Albany Railroad, . . 150,000 00 312,000 00 

634 " Chicago & Alton Railroad, . . 63,400 00 92,564 00 

750 " Chicago, Bud. & Quincy Railroad, 75,000 00 53,250 00 

550 " Chic, Milwaukee ft St Paul R R., 55,000 00 66,000 00 

550 " Chic, Rock Island & Pacific R.R., 55,000 00 35,200 00 

500 " Conn, ft Passumpsic Rivers R.R., 50,000 00 52,500 00 

563 " Illinois Central Railroad, . . 56,300 00 50,670 00 

1,000 " New York & Harlem Railroad, . 50,000 00 130,000 00 

1,650 " N. Y., New Haven & Hart. R.R., . 165,000 00 321,750 00 

600 " Pennsylvania Railroad, . . 30,000 00 30,000 00 

140 " Rome.VYaterfn&Ogdensb'gR.R, 24,000 00 27,840 00 

1,000 " West End Street Railway, . . 50,000 00 85,000 00 

203 " Agawam Nat'l Bank, Springfield, 20,300 00 20,300 00 

100 " Chapin Nat'l Bank, Springfield, . 10,000 00 13,500 00 

104 " Chicopee Nat'l Bank, Springfield, 10,400 00 16,640 00 

100 " City National Bank, Springfield, . 10,000 00 14,500 00 

200 " First National Bank, Springfield, 20,000 00 24,000 00 

200 " John Hancock Nat'l B'k, Spr'g'd, 20,000 00 24,000 00 

127 " Pynchon Nat'l Bank, Springfield, 12,700 00 19,050 00 

200 " Second Nafl Bank, Springfield, . 20,000 00 26,000 00 

200 " Third Nat'l Bank, Springfield, . 20,000 00 42,000 00 

100 " Atlas National Bank, Boston, . 10,000 00 11,700 00 

100 " Boston National Bank, Boston, . 10,000 00 10,000 00 

150 " Boylston National Bank, Boston, . 15,000 00 18,000 00 

200 " Commonwealth Nat'l B'k, Boston, 20,000 00 26,000 00 

100 " Eliot National Bank, Boston, . 10,000 00 13,000 00 

100 " Freeman's National Bank, Boston, 10,000 00 10,000 00 

300 " Howard National Bank, Boston, . 30,000 00 30,000 00 

100 " Merchants' National Bank,Boston, 10,000 00 15,000 00 

100 " Natl Bank of Commerce, Boston, 10,000 03 11,300 00 

100 " National Exchange Bank, Boston, 10,000 00 13,000 00 

100 " New England Nat'l Bank, Boston, 10,000 00 16,000 00 

100 " Old Boston Nat'l Bank, Boston, . 10,000 00 10,500 00 

100 " Shawmut National Bank, Boston, 10,000 00 11,500 00 

100 " Tremont National Bank, Boston, . 10,000 00 - X) 00 

100 " Washington Nat'l Bank, Boston, . 10,000 00 11,000 00 

100 " Webster National Bank, Boston, . 10,000 00 10,000 00 

60 " Winthrop National Bank, Boston, 6,000 00 7.500 00 

65 " First National Bank, Chicopee, . 6,500 00 9,425 00 

67 " Franklin Co. Nat'l B'k,Greenfield, 6,700 00 7,035 00 



SPRINGFIELD FIRE AND MARINE INSURANCE CO. 



135 



Par Value. Market Value. 

250 shares City National Bank, Holyoke, . $25,000 00 $27,500 00 

50 " First National Bank, Lynn, . . 5,000 00 7,000 00 

10 " Monson National Bank, Monson, . 1,000 00 1,500 00 

20 " Adams Natfl Bank, No. Adams, . 2,000 00 2,500 00 

100 « First NatU Bank, Northampton, . 10,000 00 11,000 00 

100 " Northampton Nat'l B'k, North'n, 10,000 00 17,500 00 

37 " Palmer National Bank, Palmer, . 3,700 00 5,550 00 

75 " Ware National Bank, Ware, . 7,500 00 8,250 00 

100 " Bank of No. America, New York, 7,000 00 11,200 00 

200 " Continental Nat'l B'k, New York, 20,000 00 25,400 00 

200 " Fourth National Bank, New York, 20,000 00 38,000 00 

100 " NatUB'kofCommerce^NTewYork, 10,000 00 18,500 00 

100 " St. Paul Nat 1 ! B'k, St. Paul, Minn., 10,000 00 12,000 00 



$1,922,500 00 $2,586,094 00 



Securities held as collateral for cash loans : — 

100 shares Nonotuck Paper Co., Holyoke, 
1 share Parson's Paper Co., .... 
15 shares West Springfield Aqueduct Co., 
413 " Thompsonville (Ct) Water Co., . 
30 " West Springfield Aqueduct Co., 
45 " Third National Bank, Springfield, . 
17 " Springfield Street R.R Co., . 
6 " Shawmut National Bank, Boston, . 
10 " Citizens' Nat'l Bank, New Bedford, 



Market Value. 

$20,000 00 

10,000 00 

14,375 00 

12,390 00 

3,750 00 

9,450 00 J 

3,400 00 i 

672 00 
1,250 00 



Loaned Thereon. 

$25,000 00 

11,500 00 

10,000 00 

3,200 00 

8,000 00 
1,396 20 



$75,287 00 $59,096 20 



Summary of Assets Dec 

Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens*) 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, 

Loans on collateral security, as per schedule 

Cash in the office of the company, 

Cash deposited in bank, . 

Interest due and accrued, . 

Premiums in course of collection (gross), 

Rents due and accrued, 

Reinsurance, .... 

Gross assets, 
Deduct special deposits in other States, 



31, 1894. 

$134,000 00 

367,150 00 

6,925 14 

2,586,094 00 

59,096 20 

14,606 21 

128,917 74 

23,511 41 

258,13G 00 

983 16 

1,732 00 



1,581,151 86 
55,000 00 



Balance $3,526,151 86 

* Value of lands mortgaged, $302,650 00 

Value of buildings thereon, 407,150 00 



136 



SPRINGFIELD FIRE AND MARINE INSURANCE CO. 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy-holders, . 
Paid-up capital, . 

Surplus over capital, . 



$76,494 61 

101,349 09 

21,304 26 



$199,147 96 
13,697 08 

$185,450 88 

1,344,270 14 

38,720 40 

7,296 65 



$1,575,738 07 
13,443 51 



$1,562,294 56 



. $1,963,857 30 
. 1,500,000 00 

. $463,857 30 



Income. 

Tire premiums outstanding Dec. 31, 1893, . $240,905 88 
Premiums on risks written or renewed, . . 2,119,114 06 

Total f 2,360,020 54 

Premiums now in course of collection, . . 258,136 00 

Entire premiums collected, .... $2,101,88454 

Less reinsurance and return premiums, . . 325,836 00 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, 

Income from rents, .... 



Gross cash income, 



§1,776,048 54 

16,679 37 

126,225 90 

4,823 98 



. f 1,923,777 79 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$1,191,986 36 
64,206 32 



$1,127,780 04 

150,000 00 

298,246 42 

79,496 69 

61,130 60 

177,279 00 

$1,893,932 75 



WELLFLEET MARINE INSURANCE CO. 



137 



Eisks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1893, . $199,754,693 00 $2,604,638 85 
Fire risks written during 1894, . . 121,884,135 00 2,119,114 66 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



$321,638,828 00 $4,723,753 51 
112,905,739 00 2,013,844 25 



$208,733,089 00 $2,709,909 26 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year, .... 
Company's stock owned by directors, .... 



$34,356,697 00 

21,436,291 00 

1,049,706 00 

3,104,542 00 

150,000 00 

167,400 00 



WELLFLEET MARINE INSURANCE COMPANY, WELLFLEET. 

[Incorporated Dec. 28, 1885. Commenced business Feb. 1, 1886.] 
Paid-up Capital, $100,000. 
THOS. KEMP, President. CHA8. A. COLLINS, Secretary. 






Detailed Statement of Stocks 



Freeman's National Bank, Boston, 
Hide and Leather N'l Bank, Boston 
First National Bank, Portland, 
Home National Bank, Brockton, 
First National Bank, Ayer, 
State National Bank, Boston, . 
First Ward National Bank, Boston 
Republic National Bank, Boston, 
Commercial National Bank, Boston 
Third National Bank, Boston, 
South End National Bank, Boston, 
New York, New Haven & Hart. R.R. 
Boston & Maine Railroad, 
Ocean Insurance Co , Portland, 



and Bonds. 

Par Value. 

$8,000 00 
9,300 00 
3,000 00 
2,300 00 
2,000 00 
2,500 00 
1,800 00 
700 00 
300 00 
5,000 00 

15,000 00 
5,000 00 
4,500 00 
1,800 00 



Market Value. 

$10,800 00 

8,370 00 

3,262 50 

2,415 00 

3,500 00 

2,625 00 

2,079 00 

892 50 

477 00 

4,050 00 

13,500 00 

3,900 00 

8,775 00 

2,880 00 

50 00 



$61,200 00 $67,576 00 



138 



AVELLFLEET MARINE INSURANCE CO. 



Securities held as collateral for cash loans : 

1 share Mercantile Wharf Co., 
3 shares Old Colony Railroad, . 
5 " Cape Cod National Bank, 
Savings bank books assigned, . 
Loan on company's own stock, 

Excess of loan over market value, . 

Summary of Assets Dec. 

Loans on mortgage of real estate (first liens*), 

Interest due thereon, . . . $ 253 75 

Stocks and bonds, as per schedule, . 

Loans on collateral security, as per schedule, 

Loans on personal security, 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Notes taken for marine and inland risks, 

Bills receivable, 

Gross assets, 

Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Market Value. Loaned Thereon. 



. 


$200 00 


$385 00 


. 


5U 00 ? 
600 00 S 


800 00 


• • t 


526 46 


700 00 


. $325 00 







Impairment of capital, 



$1,840 46 



31, 1894. 

$1,500 00 

67,576 00 

1,526 46 

2,150 00 

1,2<>4 10 

19,013 26 

225 00 

2,560 00 

233 75 

500 00 



H,815 00 
117 50 



--) 00 
358 54 

$1,526 46 



$96,488 57 



1,932 50 

$94,556 07 
100,000 00 



$5,443 93 



Income. 
Marine premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash marine premiums received, 
Interest and dividends received from all sources, 



Gross cash income, 



$24,828 63 
1,012 47 



$23,816 16 
4,688 17 

$28,504 33 



Expenditures. 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, . 



$30,850 69 
2,084 72 



828,765 97 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



a oo 

1,400 00 
1,000 00 



WELLFLEET MARINE INSURANCE CO. 



139 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for incidentals, . . 



Gross cash expenditures, 



Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, . . .... 

Deduct risks expired and terminated, 

In force at end of year, . ' . 
Deduct amount reinsured, 

Ket amount in force, . 







$1,561 


96 






J ,630 09 






1,036 


00 






328 


84 




$33,322 


86 






Premiums. 


$435,112 


00 


$29,800 


71 


1,750 


00 


133 


75 


$436,862 00 


$29,934 


46 


434,112 


00 


29,740 


71 


$2,750 00 


$193 


75 


1,000 


00 


76 


25 



$1,750 00 



$117 50 



Miscellaneous. 

Premiums received from organization of company, . . $414,657 00 

Losses paid from organization of company, .... 399,610 00 

Marine and inland losses incurred during the year, . . 14,888 00 

Cash dividends declared from organization of company, . 35,000 00 

Company's stock owned by directors, 25,400 00 



AGGREGATE. 



Capital Stock. 
Whole amount of capital actually paid up in cash, 



Gross present assets, 



Assets. 



Liabilities. 



Gross present liabilities, 

Income. 
Cash actually received for tire premiums, . . . 
actually received for marine premiums, . 
for interest and dividends from all sources, 
from all other sources, 

Gross cash income, ...... 

Expenditures. 
Cash actually paid during the year for fire losses, 

actually paid during the year for marine losses, 

dividends to stockholders, 

for brokerage and commissions on premiums, . 
for salaries and pay of officers and employees, 

for State and local taxes, 

for office, agency and incidental expenses, 

Gross cash expenditures, 

Miscellaneous. 
Whole amount of fire risks written during the year, . 
premiums charged or receivable thereon, 
marine risks written during the year, 
premiums charged or receivable thereon, 
fire risks terminated during the year, 
marine risks terminated during the year, 
tire risks outstanding at end of year, 
marine risks outstanding at end of year, 
cash dividends declared during the year, 
fire losses incurred during the year, 
marine losses incurred during the year, 



$4,150,000 00 
9,329,492 00 
3,091,987 00 



2,643,021 00 

1,205,873 00 

346,251 00 

19,874 00 



$4,215,019 00 



$1,704,614 00 
676,366 00 
322,125 00 
498,246 00 
212.122 00 
99,065 00 
297,398 00 



$3,809,936 00 



£234.102,235 00 

M.326,062 00 

58,716,628 00 

1,205,873 00 

208,167,249 00 

60,161,762 00 

346,534,601 00 

10,332,386 00 

322,125 00 

1,548,192 00 

751,195 00 



FffiE, MARINE AND FIEE-MAEINE 

INSURANCE COMPANIES 

OF OTHEE STATES. 



Detailed Statement op Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1894. 



142 



JETNA INSURANCE CO. 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES, 



"^ETNA INSURANCE COMPANY," HARTFORD, CONN. 

[Incorporated June, 1819. Commenced business Aug. 17, 1819.] 
Paid-up Capital, $4,000,000. 
WM. B. CLARK, President. WM. H. KING, Secretary. 



Detailed Statement of Stocks and Bonds. 

Tar Value. Market Value. 

United States bonds, $100,000 00 J 108,000 00 

Alabama State bonds, 10,000 00 10,600 00 

Georgia State bonds, ..... 25,000 00 27,500 00 

Mississippi State bonds, 11,000 00 12,430 00 

New Hampshire State bonds, .... 44,000 00 48,400 00 

Tennessee State bonds, 23,000 00 19,205 00 

Hartford County, Conn., bonds, . . . 5,000 00 5,000 00 

Mecklenburg County, N. C, bonds, . . 67,000 00 77,050 00 

Spokane Co., Wash., court house and jail b'ds, 25,000 00 26,750 00 

Talbot County, Ga., courthouse bonds, . . 11,000 00 11,550 00 

Norwich, Conn., town bonds 100,000 00 127,000 00 

Pawtucket, R. I., town bonds, .... 100,000 00 102,000 00 

Windsor Locks, Conn., town bonds, . . 10,000 00 10,500 00 

Albina, Oregon, city boulevard bonds, . . 25,000 00 28,750 00 

Americas, Ga., city bonds 6,000 00 6,840 00 

Bainbridge, Ga , city academy bonds, . . 8,000 00 8,800 00 

Boston, Mass., city bonds, .... 30,000 00 34,500 00 

Brooklyn, N. Y., city bonds, .... 9,000 00 9,450 00 

Buffalo, N. Y., city bonds, .... 50,000 00 60,500 00 

Cincinnati, Ohio, city water bonds, . . . 30,000 00 30,600 00 

City of Sioux Falls, So. Dak , funding bonds, . 25,000 00 25,000 00 

Chicago, 111., city bonds, 16,000 00 17,600 00 

Chicago sanitary district bonds, . . . 50,000 00 53,375 00 

Columbus, Ohio, city improvement bonds, . 27,C00 00 28,620 00 

Dalles City, Oregon, water bonds, . . . 25,000 00 27,500 00 

Dallas, Tex., city water and sewer bonds, . 50,000 00 52,000 00 

Dayton, Ohio, city street paving bonds, . . 25,000 00 28,000 00 

Fostorio, Ohio, city water bonds, . . . 25,000 00 25,000 00 

Fort Wayne, Ind., city bonds, .... 25,000 00 27,000 00 

Glenville, Ohio, village bonds, ' , . . 7,000 00 7,140 00 

Greensboro 1 , N. C, school bonds, . . . 24,000 00 25,200 00 

Greenville, Ala., school bonds, . . . 20,000 00 21,000 00 



.ETNA INSURANCE CO. 



143 



Hamilton, Ohio, city gas works bonds, . 
Hartford, Conn., city bonds, 
Jersey City, N. J., city hall bonds, . 
Kansas City, Kansas, improvement bonds, 
Lexington, Ky., city bonds, 
Lockport, N. Y., city bonds, 
Montreal, Canada, corporation stock, 
Montreal, Canada, harbor bonds, 
Newark, N. J., city bonds, 
New Brunswick, N. J., water bonds, 
Ogden City, Utah, improvement bonds, . 
Port of Portland, Oregon, gold bonds, 
Providence, R. I., city bonds, . 
Railway, X. J., city bonds, 
Richmond, Va., city bonds, 
Roanoke, Ya., city bonds, 
Seattle, Wash., city bonds, 
St. Louis, Mo., cit} T gold bonds, 
Superior, Wis., city bonds, 
Tacoma, Wash., city water and light bonds, 
Toledo, Ohio, city special bonds, 
Topeka, Kansas, city funding bonds, 
Urbana, Ohio, city bonds, 
Chamber of Com safety vault bonds, Chicago 
Central safety deposit bonds, Chicago, . 
Tacoma safety deposit bonds, Chicago, . 
North-East School Dis., Hart., Conn., bonds, 
School District No. 2, Enfield, Conn., bonds, 
School District No. 1, County of Pueblo, Col. 
School District No. 24, Woodbridge, N J., 
State of 111., Mason & Tazewell Drain. Dis b*ds 
The Y. M C. A., Wilmington, N. C, bonds, 
Underwriters' Prot. Asso. of Newark, N. J , b'd 
Albany & Susquehanna Railroad bonds, . 
Alabama Central Railroad gold bonds, . 
Atchison, Colorado & Pacific Railroad bonds, 
Akron & Chicago Junction Railroad bonds, 
Buffalo & Erie Railroad bonds, 
Buffalo, New York & Erie Railroad bonds, 
Canadian Pacific Railway Co., Land Grant, 
Centralia & Chester Railroad bonds, 
Chesapeake & Ohio Railroad bonds, 
Cleve., Col , Cin. & Indianapolis R.R., bonds, 
Chicago, Burlington & Quincy R.R. bonds, 
Chicago, Milwaukee & St. Paul R.R. bonds, 
Chicago & Northwestern Railroad bonds, 
Chicago, R. I. & Pacific Railroad bonds, . 
Chicago & Western Indiana Railroad bonds, 



Par Value. 

$25,000 00 
51,000 00 
25,000 00 
50,000 00 
50,000 00 
25,000 00 
19,000 00 

4,000 00 
50,000 00 

8,000 00 
18,000 00 
50,000 00 
50,000 00 
45,000 00 
44,050 00 
30,000 00 
50,000 00 
50,000 00 
25,000 00 
25,000 00 
13,000 00 
25,000 00 
25,000 00 
35,000 00 
50,000 00 
50,000 00 
20,000 00 

4,000 00 
25,000 00 

7,000 00 

9,000 00 
20,000 00 

1,000 00 

100,000 00 

25,000 00 

50,000 00 

25,000 00 

46,000 00 

20,000 00 

100,000 00 

25,000 00 

50,000 00 

85,000 00 

162,000 00 

195,000 00 

155,000 00 

160,000 00 

109,000 00 



Market Value. 

$25,750 00 
54,570 00 
26,250 00 
53,500 00 
52,500 00 
27,500 00 
21,280 00 
4,000 00 
52,500 00 
8,800 00 
18,360 00 
54,250 00 
55,500 00 
38,250 00 
48,590 00 
31,500 00 
51,000 00 
53,000 00 
25,750 00 
25,625 00 
14,690 00 
26,250 00 
26,250 00 
36,750 00 
52,500 00 
55,000 00 
20,000 00 
4,000 00 
25,000 00 
7,280 00 
9,900 00 
20,000 00 
1,000 00 
124,500 00 
28,250 00 
19,500 00 
25,750 00 
50,600 00 
26,900 00 
110,000 00 
23,750 00 
47,500 00 
106,725 00 
174,830 00 
240,425 00 
202,400 00 
183,100 CO 
125,050 00 



144 



2ETNA INSURANCE CO. 



Cincinnati, Dayton & Ironton Railroad bonds 
Cincinnati, Hamilton & Dayton R.R. bonds, 
Columbus & Toledo Railroad bonds, 
Connecticut River Railroad coupon scrip, 
Dayton & Western Railroad bonds, . 
Delaware & Hudson Canal Co. bonds, 
Flint & Pere Marquette Railroad bonds, . 
Harlem River & Port Chester Railroad bonds 
Indiana & Lake Michigan Railroad bonds, 
Iowa Midland Railroad bonds, . 
Kansas Pacific Railroad bonds, 
Keokuk & Des Moines Railroad bonds, . 
Lake Shore Railroad bonds, 
Lake Shore & Mich. Southern Railroad bonds 
Louisville, New Albany & Chicago bonds, 
Louisiana & Missouri River Railroad bonds, 
Mahoning Coal Railroad bonds, 
Michigan Central Railroad bonds, . 
Minneapolis & St. Louis Railroad bonds, 
Minneapolis Union Railroad bonds, . 
Morris & Essex Railroad bonds, 
New York Central & Hudson River R.R. b'ds 
New York and Harlem R.R. bonds, . 
New York, Lake Erie & Western R.R. bonds, 
New York & New England R.R. bonds, . 
New York, New Haven & Hart. R.R. cert., 
Norfolk & Western Railroad bonds, 
Northwestern Union Railroad bonds, 
Oswego Railroad B rid ore Co. bonds, 
Ohio & West Virginia Railroad bonds, . 
Pittsburg, Ft. Wayne & Chic. R.R. bonds, 
Quincy, Alton & St. Louis Railway bonds, 
St. Paul, Minn. & Manitoba R.R. bonds, . 
St. Paul & Northern Pacific R.R. bonds, . 
St. Paul & Sioux City Railroad bonds, . 
Terre Haute & Peoria Railroad bonds, 
Toledo & Ohio Central Railroad bonds, . 
Vermont Valley Railroad bonds, 
Wabash Railroad bonds, .... 
West Chicago Street Railroad tunnel bonds, 
West Shore Railroad bonds, 
Atlantic Dock Company bonds, 
Loan and Guarantee Co. of Connecticut bonds 
Atlantic Mutual Insurance Company scrip, 
200 shares American Telegraph and Cable, 
50 " Connecticut River Company, 
10 " Underwriters' Salvage Co of NY"., 
500 " Albany & Susquehanna Railroad, 



Par Value. 

$25,000 00 
82,000 00 
27,000 00 
15,000 00 
28,000 00 
25,000 00 
50,000 00 

150,000 00 
50,000 00 
25,000 00 
25,000 00 
40,000 00 
30,000 00 
95,000 00 
25,000 00 
25,000 00 
30,000 00 
50,000 00 
25,000 00 
50,000 00 

135,000 00 

175,000 00 
10,000 00 
45,000 00 
50,000 00 
60,000 00 
50,000 00 
25,000 00 
50,000 00 
26,000 00 

196,000 00 
25,000 00 
13,000 00 
50,000 00 
20,000 00 
25,000 00 
25,000 00 
50,000 00 
25,000 00 
25,000 00 
50,000 00 
31,000 00 
10,000 00 
49,040 00 
20,000 00 
5,000 00 
1,000 00 
50,000 00 



Market Value. 

$25,000 00 
88,720 00 
31,020 00 
15,000 00 
31,920 00 
36,000 00 
43,125 00 

182,500 00 
52,500 00 
30,000 00 
19,000 00 
40,000 00 
33,900 00 

116,800 00 
27,500 00 
29,125 00 
34,500 00 
60,750 00 
30,250 00 
60,000 00 

189,075 00 

222,250 00 
11,800 00 
58,950 00 
58,750 00 
82,800 00 
60,000 00 
33,500 00 
57,500 00 
31,460 00 

274,460 00 
25,000 00 
14,560 00 
58,500 00 
25,800 00 
25,500 00 
27,875 00 
52,500 00 
26,250 00 
25,500 00 
53,250 00 
32,860 00 
10,000 00 
51,492 00 
18,400 00 
1,000 00 
1,000 00 
83,500 00 



^ETNA INSURANCE CO. 



145 



Par Value. Market Value. 

250 shares Bald Eagle Valley Railroad, . $12,500 00 $25,000 00 

150 " Central Ohio Railroad, . . 7,500 00 3,750 00 

750 " Cleve., C, C. & St. L. Railroad, . 75,000 00 62,250 00 

1,000 " Cleveland & Pittsburg Railroad, . 50,000 00 77,000 00 

240 " Chicago, Burl. & Quincy R.R , . 24,000 00 17,040 00 

220 " Chic., Rock Island & Pacific R.R., 22,000 00 13,640 00 

300 " Connecticut River Railroad, . 30,000 00 75,000 00 

500 " Conn. & Passumpsic Rivers R.R., 50,000 00 51,000 00 

300 " Dayton & Michigan R.R., pref., . 15,000 00 27,150 00 

400 " Ft. Wayne & Jackson R.R., pref., 40,000 00 46,400 00 

100 " Joliet & Chicago Railroad, . . 10,000 00 15,000 00 

200 " Kal., Allegan & Gr. Rapids R.R., 20,000 00 26,000 00 

200 " Keokuk & Des Moines R.R., pref., 20,000 00 3,000 00 

1,000 " Morris & Essex Railroad, . . 50,000 00 81,500 00 

800 " New York Cen.& Hudson R.R.R., 80,000 00 79,200 00 

500 " New York & Harlem Railroad, . 25,000 00 65,000 00 

1,500 " New York, New Hav.& Hart. R.R, 150,000 00 292,500 00 

1,000 " Northwest Telegraph Company, . 50,000 00 52,500 00 

200 " Oswego & Syracuse R.R. Co., . 10,000 00 18,750 00 

750 " Pitts., Ft. Wayne & Chicago R.R., 75,000 00 118,500 00 

150 " Peoria & Bureau Valley Railroad, 15,000 00 25,500 00 

400 " Rensselaer & Saratoga Railroad, 40,000 00 72,400 00 

200 " Valley (New York) Railroad, . 20,000 00 22,000 00 

200 " .Etna Nat'l Bank, Hartford, Conn., 20,000 00 28,000 00 

200 " American Nat'l Bank, Hart.,Conn., 10,000 00 14,000 00 

400 " Charter Oak Nat'l B'k,Hart.,Conn., 40,000 00 38,000 00 

170 " City Bank of Hart., Hart., Conn., . 17,000 00 17,850 00, 

150 " Conn. Riv.B'k'g Co., Hart., Conn., 7,500 00 7,125 00 

350 " Farin.&Mech.N'lB'k,Hart.,Conn., 35,000 00 40,250 00 

200 " First Nat'l Bank, Hartford, Conn., 20,000 00 22,000 0O 

1,000 " Hartford Nat'l Bank, Hart., Conn., 100,000 00 150,000 00 

550 " Nat'l Exchange Bank,Hart.,Conn., 27,500 00 33,000 00 

1,000 " Phoenix Nat'l Bank, Hart., Conn., 100,000 00 125,000 00 

550 " State Bank, Hartford, Conn., . 55,000 00 57,750 0O 

400 " Am. Exchange Nat'l Bank, N. Y., 40,000 00 62,800 00 

400 " Bank of the Manhattan Co., N. Y., 20,000 00 38,000 00 

300 " B'k of N.Y. N'l B'k'g Asso., N.Y., 30,000 00 70,500 00 

200 " Bank of North America, N. Y., . 14,000 00 22,400 00 

100 " Hanover Nat'l Bank, N. Y., . . 10,000 00 32,000 00 

300 " Imp. & Traders' Nat'l B'k, N. Y., 30,000 00 172,500 00 

100 " Market and Fulton N'l B'k, N.Y., 10,000 00 22,000 00 

700 " Merchants' Nat'l Bank, N. Y , . 35,000 00 49,000 00 

120 " Merchants' Exch. Nat'l B'k, N.Y., 6,000 00 7,200 00 

1,200 " Mechanics' Nat'l Bank, N. Y., . 30,000 00 58,500 00 

400 " Metropolitan Nat'l Bank, N. Y., . 40,000 00 2,400 0o 

200 " Nassau Bank, N. Y., . . . 10,000 00 16,500 00 

500 " Nat'l Bank of Commerce, N. Y., . 50,000 00 91,500 00 

150 " Nat'l Bank of the Republic, N. Y., 15,000 00 24,000 00 



14(5 



^ETNA INSURANCE CO. 



300 shares N'l Butchers' & Drovers' B'k, N.Y 



100 
300 
200 
100 
250 
100 
100 
100 
100 
100 
150 
100 
100 



National City Bank, N. Y., . 
Phenix National Bank, N. Y., 
People's Bank, N. Y., . 
Third National Bank, N. Y., 
Farm. & Mech. Nat'l B'k, Phila. 
First Nat'l Bank, Albany, N. Y., 
New Britain N'l B'k, N. B., Conn. 
Central Trust Company, N. Y., 
Holland Trust Company, N. Y., 
Metropolitan Trust Co., N. Y., 
N. Y. Life Ins. & Trust Co., N. Y 
United States Trust Co., N. Y., 
Union Trust Co., N. Y., 



Par Value. 
$7,500 00 

10,000 00 
6,000 00 
5,000 00 
10,000 00 
25,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
15,000 00 
10,000 00 
10,000 00 



Market Value. 

$13,125 00 
45,000 00 
7,500 00 
14,500 00 
11,000 00 
27,500 00 
18,000 00 
16,000 00 

105,000 00 
15,000 00 
30,000 00 

105,000 00 
85,000 00 
71,000 00 



$7,272,590 00 $9,256,357 00 



Securities held as collateral for cash loans 



25 shares National Bank of Commerce, N. Y. 



25 
2 
3 
2 
2 

10 
4 



Mechanics' National Bank, N. Y., 
American Bell Telephone Co., 
Chicago, Burlington & Quincy R.R 
Manhattan Railway Co., . 
National New Haven Bank, 
New York & New Jersey Tel. Co., 
Nat'l Pipe Bending Co., New Haven 



Market Value. 

$4,575 00 
1,218 75 
397 00^1 
213 00 
210 00 
335 00 
1,000 00 
400 00 J 



Loaned Thereon. 

$3,600 00 



2,000 00 



5,348 75 



$5,600 00 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens*) 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Loans on collateral security, as per schedule, 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, 

Premiums in course of collection (gross), 

Gross assets, 

Deduct special deposits in other States, . 



$200,000 00 

36,000 00 

300 45 

9,256,357 00 

5,600 00 

1,868 81 

716,825 96 

3,105 32 

687,265 65 



$10,907,323 19 
253,270 00 



Balance, $10,654,053 19 

* Value of lands mortgaged, $37,000 00 

Value of buildings thereon, 38,000 00 

Amount of insurance held as collateral, .... 26,50000 



.ETNA INSURANCE CO. 



147 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Return premiums, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 

Surplus over capital, . 



1,029 75 
235,261 30 
76,842 09 

$411,133 14 
24,819 38 

$386,313 76 

3,062,537 85 

48,857 51 

1,000 00 

118,843 08 

78,427 84 

136,306 27 

£3,832,286 31 
156,133 70 



$3,676,152 61 

$6,977,900 58 

4,000,000 00 

$2,977,900 58 



•Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or reriewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



$719,332 78 
4,424,176 47 

$5,143,509 25 
587,308 47 

$4,556,200 78 
762,162 68 

$84,379 24 
255,641 00 



$340,020 24 
99,957 18 

$240,063 06 
62,860 89 



sources, . 

$1,711 90 



!,794,038 10 



177,202 17 
1,960 00 

475,656 73 
2,355 14 



. $4,451,212 14 



148 



^ETNA INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Deposits returned on perpetual fire risks, 

Gross cash expenditures, .... 



$1,026 90 



82,255,495 88 
130,314 39 
720,000 00 
628,955 65 
244,242 25 
70,564 61 
266,337 08 



. $4,315,909 86 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 
Perpetual risks in force (not included 
above), 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 



$496,802,322 00 
343,078,165 00 

$839,880,487 00 
336,917,745 00 

$502,962,742 00 
32,302,940 00 

$470,659,802 00 

2,235,250 00 

$2,928,251 00 
60,993,255 00 

$63,921,506 00 
60,200,461 00 



Premiums. 

$6,023,156 03 
4,424,176 47 



$10,447,332 50 
4,232,657 58 



$6,214,674 92 
396,533 53 



$5,818,141 39 

51,428 93 

$106,110 88 
255,641 00 



$361,751 88 
257,516 61 



$3,721,045 00 $104,235 27 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Inland losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (18 per cent.), 
Company's stock owned by directors, .... 



$131,893,193 00 

75,142.517 00 

2,162,886 00 

89,457 00 

21,473,365 00 

720,000 00 

352,700 00 



AGRICULTURAL INSURANCE CO. 



149 



"AGRICULTURAL INSURANCE COMPANY," WATERTOWN, N. Y. 

[Incorporated, 1853.* Commenced business February, 1853.] 

Paid-up Capital, $500,000. 

JEAN R. STEBBINS, President. H. M. STEVENS, Secretary. 

Detailed Statement of Stocks and Bonds. 

Tar Value. Market Value. 

Canandaigua Water Works Company bonds, . $1,000 00 $1,000 00 

Union Pacific Railroad bonds, .... 2,000 00 2,135 00 

City of Kingston bonds 141,600 00 152,928 00 

City of Richmond bonds, 27,000 00 27,000 00 

Dexter Sulphite Pulp & Paper Co. bonds, . 5,000 00 5,000 00 

New York Central & Hudson River Railroad, . 20,000 00 19,800 00 

Illinois Central Railroad stock, . . . 21,700 00 18,230 00 

Western Union Telegraph stock, . . 83,500 00 72,645 00 

National Union Bank stock, .... 13,600 00 22,100 00 

Watertown National Bank stock, . . . 5,000 00 9,000 00 

Excelsior Carriage Company stock, . . 2,500 00 2,500 00 

Underwriters 1 Salvage Company stock, . . 500 00 500 00 

Union Building and Loan Company cert., . 10,000 00 10,000 00 



$333,400 00 $342,838 00 



Securities held as collateral for cash loans : 

Bagley & Sewall Company stock, . 

Trinidad Asphalt Paving Company stock, 

Watertown National Bank stock, 

Watertown Spring Wagon Company stock, 

Chicago & Alton Railroad stock, 

Western Union Telegraph stock, 

First National Bank of Carthage stock, . 

National Bank of Fayetteville stock, 

Felt Mills Paper Co. stock, 

Rome, Watertown & Ogdensburg R.R. stock, 

Remington Paper Co. stock, 

First National Bank of Frankfort stock, . 

First National Bank of Herkimer stock, . 

New York and Brooklyn real estate deeds, 

National Union Bank stock, 

New York Central & Hudson River R.R., 

Western Union Telegraph Co. stock, 

Trinidad Asphalt Paving Co. stock, . 

Watertown Spring Wagon Co. stock, 

National Union Bank stock, 

American Bell Telephone Co. stock, 

Real estate mortgage, .... 

Real estate mortgages, .... 



Market Value. 

$23,700 00 

12,500 00 

2,700 00 

7,700 00 

7,524 00 

1,740 00 

6,250 00 

1,667 50 

7,500 00 

5,800 00 

3,000 00 

11,250 00 

12,150 00 

25,000 00 

1,560 00 

3.267 00^ 

2,610 00 

2,500 00 

2,200 00 ± 

3,350 00 

2,660 00 

1,500 00 J 

60,510 90 



Loaned Thereon. 

$10,000 00 

8,000 00 

1,350 00 

7,000 00 

3,899 91 

950 00 

5,000 00 

1,450 00 

5,500 00 

5,000 00 

2,046 45 

18,000 00 

14,137 40 

1,500 00 



13,969 63 



21,924 64 



$208,639 40 $119,728 03 



* Organized as mutual 1853; incorporated as stock 1863. 



150 



AGRICULTURAL INSURANCE CO. 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 

Reinsurance due, 

Gross assets, . 
Deduct special deposits in other States, . 



Balance, . $2,088,809 48 



31, 1894. 

8297,704 88 

1,089,352 62 

42,126 38 

342,838 00 

119,728 03 

4,051 92 

188,367 96 

9,185 39 

168,079 87 

2,356 83 

4,945 60 



$2,268,737 48 
179,928 00 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy-holders, . 
Paid-up capital, 



$34,594 56 

51,693 60 

27,500 00 

1,355,842 65 

55 00 

33,615 95 

114 00 

$1,503,415 76 
91,484 00 



1,411,931 76 

$676,877 72 
500,000 00 



Surplus over capital, $176,877 72 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest received on mortgages, 



$158,511 01 
16,000 75 

$142,510 26 
1,203,850 00 



$1,346,360 26 
170,436 70 

f 1,175,923 56 
214,707 94 



$961,215 62 
71,766 66 



* Total value of property mortgaged, 



$2,516,735 00. 



ALBANY INSURANCE CO. 



151 



Interest and dividends received from all other sources, . 
Income from rents, 



$20,120 56 
804 59 



Gross cash income, $1,053,907 43 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



$611,746 59 
17,134 46 



Gross cash expenditures, 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$287,957,960 00 

127,469,100 00 

$415,427,060 00 

128,806,442 00 



$594,612 13 

49,945 00 

204,120 77 

120,528 46 

21,858 67 

96,091 32 

$1,087,156 35 



Premiums. 

$2,826,047 85 
1,203,850 00 

$4,029,897 85 
1,210,778 33 



$286,620,618 00 
6,569,300 00 



$2,819,119 52 
69,749 00 



$280,051,318 00 $2,749,370 52 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$18,436,011 00 

9,036,244 00 

597,255 00 

1,030,000 00 

50,000 00 

222,500 00 



"ALBANY INSURANCE COMPANY," ALBANY, N. Y. 

[Incorporated March 8, 1811. Commenced business March 16, 1811. Reorganized June 1, 1881.] 

Paid-up Capital, $250,000. 
JOHN HOWARD KING, President. RICHARD V. DE WITT, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

Watervliet Turnpike and Railroad bonds, . $6,000 00 



Northern Pacific Railroad bonds, 
Albany & Susquehanna Railroad bonds, . 
West Shore Railroad bonds, 
New York Central Railroad bonds, . 



20,000 00 
25,000 00 
41,000 00 
34,000 00 



Market Value. 

$6,800 00 

22,500 00 

29,750 00 

42,535 00 

36,265 00 



152 



ALBANY INSURANCE CO. 



Wabash Railroad Company bonds, . 
Municipal Gas bonds, Albany, N. Y., 
Union Railroad company bonds, 



Par Value. 

$6,000 00 

1,000 00 

10,000 00 



Market Value. 

$6,000 00 

1,100 00 

10,700 00 



$143,000 00 $155,650 00 



Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens*), $244,000 00 

Interest due or accrued thereon, . . . 3,026 27 

Stocks and bonds, as per schedule, . . . 155,650 00 

Cash in the office of the company, . . . 6,796 39 

Cash deposited in bank, 20,936 52 

Premiums in course of collection (gross), . 3,734 13 

Bills receivable, 640 30 

Gross assets, 

Liabilities. 

Losses adjusted, unpaid, $4,047 10 

claimed and reported, .... 3,680 11 

disputed or resisted, .... 2,300 00 

Unearned premiums on outstanding risks, . 82,541 46 

Due and accrued for rent, salaries, etc., . . 1,057 99 

State and local taxes, ' 3,647 16 

Commissions and brokerage, .... 577 63 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from all other sources, 

Gross cash income, .... 



$3,474 42 
8 20 



$3,466 22 
126,777 86 

$130,244 08 
3,734 13 

§ 126,509 95 
17,931 95 



sources, 



$434,783 61 



97,851 45 

$336,932 16 

250,000 00 



$86,932 Hi 



$108,578 00 

12,348 33 

7,170 00 

4,496 94 

$132,593 27 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$184,550 00 
390,550 00 
•273,050 00 



AMERICAN INSURANCE CO. 



153 



Expenditures. 
'Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 



$80,101 16 




4,947 80 






$75,153 36 
15,000 00 






20,325 11 


es, . 


10,147 22 




6,173 39 




3,870 66 




$130,669 74 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$18,076,378 00 $181,690 74 
10,778,905 00 126,777 86 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



$28,855,283 00 $308,468 60 
11,676,793 00 141,029 18 



$17,178,490 00 $167,439 42 
537,378 00 5,551 36 



$16,641,112 00 $161,888 06 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from reorganization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from reorganization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$1,271,351 00 

707,175 00 

68,286 00 

275,000 00 

15,000 00 

59,250 00 



"AMERICAN INSURANCE COMPANY," NEWARK, N. J. 

[Incorporated Feb. 20, 1846. Commenced business April 1, 1846.] 

Paid-up Capital, $600,000. 

F. H. HARRIS, President. J. H. WORDEN, Secretcn-y. 



Detailed Statement of Stocks and Bonds. 



United States bonds, 

North Hudson County, N. J., Railroad bonds, 

United New Jersey R.R. Canal Co. bonds, 

Morris & Essex Railroad bonds, 

Lehigh Valley Railroad bonds, 

Long Dock mortgage bonds, .... 



Par Value. 

$100,000 00 
100,000 00 
100,000 00 
61,000 00 
110,000 00 
100,000 00 



Market Valin-. 

f 113,000 00 

103,000 00 

109,000 00 

85,095 00 

119,900 00 

129,500 00 



$571,000 00 $659,495 00 



154 



AMERICAN INSURANCE CO. 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
American Ins. Co. stock, . . $70,000 00 
Premiums more than 3 months due, 564 48 
Gross assets, 



31, 1894. 

$256,773 98 

1,423,996 75 

23,751 83 

659,495 00 

1,991 54 

33,488 06 

8,064 16 

40,425 58 

2,122 41 



$2,450,109 31 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks 
Dividends to stockholders, unpaid, . 
Dividends to policy-holders, unpaid, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 



Surplus over capital, 



Income 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 



$11,965 34 

33,400 60 

5,550 00 

$50,915 94 
2,404 15 

$48,511 79 

485,754 59 

4,730 40 

2,318 00 

7,723 61 

70 58 



549,108 97 



. $1,901,000 34 
600,000 00 



$1,301,000 34 



$45,756 36 
292 08 

$45,464 28 
662,028 61 

$707,492 89 
40,990 06 

$666,502 83 
136,639 33 



$529,863 50 



* Total value of property mortgaged, 
Amount of insurance held aa collateral,, 



$3,659,070 00 
1,755,925 00 



AMERICAN CENTRAL INSURANCE CO. 



155 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$72,970 29 

32,678 35 

2,092 51 



Gross cash income, . . $637,604 65 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid stockholders, . 

Cash dividends paid policy-holders, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$314,043 12 
38,410 49 



$275,632 63 
59,750 00 
2,003 00 
98,793 03 
49,725 13- 
22,344 09 
31,753 32 

$540,001 20 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$113,413,138 00 $1,012,168 39- 
65,701,713 00 662,028 61 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$179,114,851 00 $1,674,197 0a 
73,400,184 00 673,623 36 



$105,714,667 00 $1,000,573 64 
3,669,098 00 40,783 89 



$102,045,569 00 $959,789 lb 






Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent), 
Company's stock owned by directors, .... 



f8,805,542 00 

3,592,652 00 

276,613 00 

1,980,660 00 

60,000 00 

58,250 00 



"AMERICAN CENTRAL INSURANCE COMPANY," ST. LOUIS, MO. 

[Incorporated February, 1853. Commenced business February, 1853.] 
GEORGE T. CRAM, President. JNO. H. ADAMS, Secretary. 

Paid-up Capital, $600,000. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Commonwealth Realty Co. bonds, . . . $100,000 00 $100,000 00 
St. Louis Merchants 1 Bridge Co. bonds, . . 135,000 00 138,000 00 



156 



AMERICAN CENTRAL INSURANCE CO. 



St. Clair, Mad. & St. Louis Belt R.R. Co. bonds, 

Laclede Gas Light Co. bonds, . 

St. Louis, C. B. & O. Ry. bonds, 

St. Louis County park bonds, . 

Jerseyville, 111., bonds, 

Mo. Elec. Light and Power Co. bonds, 

Norborne, Mo., School bonds, . 

School Dist. No. 1, Cass Co., 111., bonds, 

Madison County, 111., ferry bonds, . 

DeSoto, Mo., city funding bonds, 

LaFayette Co , Mo., funding bonds, . 

Nat'l Bank of Com , St. Louis, stock, 

Commercial Bank, St. Louis, stock, . 

Third National Bank, St. Louis, stock, 

Mechanics' Bank, St. Louis, stock, . 

Boatmen's Bank, St. Louis, stock, 

Laclede Gas Light Co. stock, . 



Securities held as collateral for cash loans : — 

Laclede Building Company bonds, . 
300 shares American Brake Company, 
500 " Broadway Real Estate Co., 

57 " Publishers G. Knapp& Co., St. Louis, 
100 " Nat'l Bank of Commerce, St. Louis, 

20 " Union Trust Company, St. Louis, . 

10 " Mechanics' Bank, St. Louis, . 

35 " Mississ. Valley Trust Co., St. Louis, 
174 " Continental Land and Cattle Co., 
Dallas, Tex., .... 

St. Louis Merchants' Bridge Co. bond, 



Par Valne. 

030,000 00 
23,000 00 
18,000 00 
15,000 00 
15,000 00 
10,000 00 

8,000 00 
10,000 00 

4,000 00 

3,500 00 
700 00 
180,000 00 
25,000 00 
23,200 00 
11,100 00 
10,000 00 

4,800 00 



Market Value. 

$27,000 00 
21,500 00 
20,000 00 
18,000 00 
15,000 00 
10,000 00 

8,000 00 
10,000 00 

4,000 00 

3,500 00 
700 00 
261,000 00 
66,000 00 
25,000 00 
27,500 00 
16,000 00 

4,000 00 



$626,300 00 $775,200 00 



Market Value. 

$50,000 00 

18,000 00 ) 

50,000 00 S 

5,700 00 1 

14,500 00 

2,600 00 

2,500 00 



Loaned Thereon. 

$45,000 00 
37,000 00 



2,800 00 



> 19,000 00 



8,700 00 
1,000 00 J 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 

Gross assets, 

Deduct special deposits in other States, . 

Balance, $1,582,901 06 



$155,800 00 


$101,000 


00 


31, 1894. 






$500,000 00 






70,000 00 






775,200 00 






101,000 00 






8,339 56 






83,858 13 






94,503 37 






< 

1 


fl,632,901 


06 


. 


50,000 00 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$123,500 00 
59,000 00 
30,000 00 



AMERICAN CENTRAL INSURANCE CO. 



157 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy-holders, 
Paid-up capital, 



$11,384 42 
95,239 81 
31,832 70 

$138,456 93 
7,661 75 

$130,795 18 

661,692 20 

14,175 50 

3,445 71 

$810,108 59 
3,628 32 



Surplus over capital, 



$806,480 27 

$776,420 79 
600,000 00 

$176,420 79 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 



$97,738 07 
973,916 72 

$1,071,654 79 
94,503 37 



Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 
Income from rents, 



$977,151 42 
184,193 21 



Gross cash income, 



$792,958 21 
52,902 17 
22,439 18 

$868,299 56 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, .... 



$513,039 49 
30,594 79 



$482,444 70 
60,000 00 
120,686 34 
62,799 13 
16,838 36 
99,367 69 



Gross cash expenditures, 



$842,136 22 



158 



AMERICAN FIRE INSURANCE CO. 



Risks and Premiums. 



Fire risks outstanding Dee. 31, 1893, 
Fire risks written during; 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



1101,206,093 
72,542,811 



Premiums. 

00 $1,234,170 89 
00 973,916 72 



$173,749,504 
68,027,635 



00 $2,208,087 61 
00 888,06 :< 



8105,721,869 
2,363,628 



00 $1,320,018 11 
00 29,382 43 



$103,358,241 00 §1,290,635 68 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . 



£1,3,741,385 00 
8,086,449 00 
480,982 00 
1,106,412 00 
60,000 00 
67,950 00 



" AMERICAN FIRE INSURANCE COMPANY,' 1 NEW YORK, N. Y. 

[Incorporated April 30, 1857. Commenced business May 1, 1857.] 



Paid- cp Capital, $400,000. 



DAVID ADEE, President. 



WM. H. CROLIUS, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

St. Louis & Iron Mountain Railroad bonds, 
West Shore Railroad bonds, 
Lake Gas Company (Chicago) bonds, 
Western Union Telegraph bonds, . 
Consolidated Gas Company stock, . 
Rensselaer & Saratoga Railroad stock, . 
National Bank of Commerce stock, . 
American Exchange National Bank stock, 
Bank of New l r ork stock, 
Merchants 1 National Bank stock, 
Third National Bank stock, 
Phoenix National Bank stock, . 
Mercantile Trust Company stock, . 
Delaware & Hudson Canal Company stock, 
Manhattan Railway Company stock, 
Western Union Telegraph stock, 
Lake Shore & Michigan Railway stock, . 
Pittsburgh, McKeesport & Y. Railroad stock, 



and Bonds. 

Par Value. 

$225,000 00 
10,000 00 
25,000 00 
30,000 00 
40,000 00 
71,000 00 
40,000 00 
10,000 00 
35,000 00 
6,000 00 
20,000 00 
10,000 00 
4,000 00 
10,000 00 
35,000 00 
50,000 00 
55,000 00 
40,000 00 
35,000 00 



Market Value. 

1256,500 00 
8,000 00 
26,250 00 
31,200 00 
44,000 00 
93,010 00 
73,000 00 
18,250 00 
54,250 00 
6,600 00 
29,000 00 
11,000 00 
5,000 00 
35,500 00 
44,450 00 
52,500 00 
47,850 00 
54,000 00 
45,500 00 



AMERICAN FIRE INSURANCE CO. 



159 



Standard Gas Company stock, .... 

Pennsylvania Railroad stock, .... 

Chicago & Northwestern Railway stock, . 

St. Paul, Minneapolis & Manitoba R.R. stock, 

Baltimore & Ohio Railroad stock, . 

City of Richmond bonds, 

Securities held as collateral for cash loans : — 

50 shares Union Trust Company, . 
262 shares Hackensack Water Company, 



Par Value. 

$15,000 00 
40,800 00 
20,000 00 
20,000 00 
50,000 00 
21,000 00 



Market Value. 

$13,600 00 
41,616 00 
19,400 00 
22,000 00 
33,500 00 
21,420 00 



$917,800 00 $1,087,396 00 

Market Value. Loaned Thereon. 

$48,000 00 $31,000 00 
7,205 00 3,000 00 



$55,205 00 $34,000 00 



Summary of Assets Dec. 31, 1894. 



Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Reinsurance and salvage, .... 
Premiums more than 3 months due, . $1,361 78 

Gross assets,f 

Deduct special deposits in other States, . 

Balance, 

Liabilities. 

Losses adjusted, unpaid, . 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital and scrip, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 



$20,500 00 

210 83 

1,087,396 00 

34,000 00 

43,358 29 

1,745 02 

14,865 17 

299,244 14 

2,032 88 



$1,503,352 33 
49,920 00 

$1,453,432 33 



$66,368 10 

59,117 50 

747,501 94 

2,138 00 

7,584 12 

2,889 62 

4,179 03 

37,910 64 

22,341 59 

2,878 73 



$952,909 27 
34,091 03 



918,818 24 



$534,614 09 



* Value of lands mortgaged, . . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$33,500 00 
20,500 00 
20,500 00 



t Including $200,000 special reserve fund held under New York law. 



160 



AMERICAN FIRE INSURANCE CO. 



Paid-up capital, $400,000 00 

Scrip outstanding, not ordered to be redeemed, 83,506 80 



Surplus over capital and scrip, . 



$483,566 80 
$51,047 29 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 



Entire premiums collected, 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest received on mortgages, 



$1,479,222 81 

1,085 00 
Interest and dividends received from all other sources, . 51,770 60 



$309,218 57 
1,819,810 45 

$2,129,029 02 
300,605 92 

$1,828,423 10 
349,200 29 



Gross cash income, $1,532,078 41 



Expenditures. 

Cash paid for fire losses, $1,074,732 

Deduct salvage and reinsurance, . . . 55,760 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for redemption of scrip, . 
Interest paid scrip-holders, .... 
Cash paid for commissions and brokerage, 

for salaries of oflicers and employees, 

for State and local taxes, 

for rent, 

for incidentals, .... 

Gross cash expenditures, .... 



09 

83 



$1,018,971 26 

40,000 00 

109 00 

2,851 48 

227,377 36 

106,611 25 

21,400 09 

13,500 00 

106,117 59 

. $1,536,938 03 



Fire risks outstanding Dec. 31, 1893, 
Risks written during 1894, 



Risks and Premiums. 

Premiums. 

$153,337,307 00 $1,735,574 70 
157,742,334 00 1,819,810 45 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 



$311,079,641 00 §3,555,385 15 
159,284,493 00 1,808,012 77 



$151,795,148 00 $1,747,372 38 
23,185,833 00 257,026 44 



Net amount in force, . 



$128,609,315 00 $1,490,345 94 



AMERICAN FIRE INSURANCE CO. 



161 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (10 per cent.), 

Company's stock owned by directors, . 



$12,658,673 00 
6,643,089 00 
970,739 00 
1,436,000 00 
40,000 00 
94,750 00 



" AMERICAN FIRE INSURANCE COMPANY," PHILADELPHIA, PA. 

[Incorporated Feb. 28, 1810. Commenced business March 12, 1810.] 

Paid-up Capital, $500,000. 

THOS. H. MONTGOMERY, President. RICHARD MARIS, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Steubenville & Indiana Railroad bonds, . . $ 2 1,000 00 $22,890 00 

Belt Pxoad and Stock Yard bonds, . . . 20,000 00 20,840 00 

Chicago & Western Indiana Railroad bonds, . 20,000 00 21,200 00 

Philadelphia & Reading Railroad bonds, . 62,000 00 42,470 00 

North Pennsylvania Railroad bonds, . . 26,000 00 32,500 00 

Virginia & Tennessee Railroad bonds, . . 25,000 00 25,625 00 

Georgia State bonds, 25,000 00 28,250 00 

Delaware & Chesapeake Railroad bonds, . 5,000 00 4,483 34 

Huntingdon & Broad Top Mt. R R. bonds, . 10,000 00 10,150 00 

Huntingdon & Broad Top Mt. R R. car trust, . 10,000 00 10,025 00 

Coining, Cowanesque & Antrim R.R bonds, . 10,000 00 10,100 00 

Philadelphia & Reading Railroad bonds, . 25,000 00 26,000 00 

Lehigh Valley Railroad bonds, . . . 51,000 00 63,240 00 

Mortgage Trust Company, Pa , bonds, . . 25,000 00 25,104 16 

Middlesex Banking Company bonds, . . 25,000 00 25,125 00 

Alleghany Valley Railroad bonds, . . . 1,000 00 1,010 00 

Northern Central Railroad bonds, . . . 25,000 00 29,500 00 

Northern Pacific & Montana Railroad bonds, . 30,000 00 9,600 00 

Penn. & New York Canal and Railroad bonds, 50,000 00 54,250 00 

Portland city bonds, 50,000 00 57,500 00 

N. W. Guaranty Loan Company bonds, . . 35,000 00 17,500 00 

Wheeling & Lake Erie Exten. Imp. R.R. bonds, 15,000 00 14,250 00 

Pittsburg, Cincinnati & St. Louis R.R bonds, . 10,000 00 11,600 00 

Buffalo Street Railroad bonds, .... 20,000 00 19,600 00 

Hughesville water bonds, .... 17,000 00 17,085 00 

Pitts., Cin , Chic. & St. Louis R.R. bonds, . 30,000 00 31,800 00 

Springfield water bonds, 10,000 00 10,150 00 

United Electric Securities, .... 10,000 00 9,458 33 

Terre Haute & Longansport Railroad bonds, . 25,000 00 27,062 50 

Lehigh Valley Railroad bonds, . . . 25,000 00 25,250 00 

Lehighton water bonds, 5,000 00 5,125 00 

Camden & Atlantic Railroad bonds, . . 15,000 00 17,550 00 



162 



AMERICAN FIRE INSURANCE CO. 



Pittsburgh, Chartiers & Yough. bonds, 

Omaha Loan & Trust Company, 

Norfolk & Western Railroad car trust, 

Ashtabula & Pittsburgh Railroad, . 

Seaford & Roanoke Railroad, . 

20 shares Philadelphia Bourse, 

18 shares Phil. & Lancaster Turnpike Co 



Par Value. 

$10,000 00 
10,000 00 
12,000 00 
15,000 00 
20,000 00 



Market Valne. 
?9,350 00 

10,100 00 
11,635 80 
17,400 00 
20,400 00 
300 00 
40 50 



Securities held as collateral for cash loans : — 

Lehigh Coal & Navigation Company, 

10 shares First Nat'l B'k of Hughesville, Pa., 

445 shares Storage Battery, .... 

People's Railway, 

Philadelphia & Reading Railroad, . 



$800,000 00 £795,549 63 



Summary of Assets Dec, 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 

Balance, 

Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, $134,431 79 



Market Value. 

$3,990 00 
1,150 00 

14,585 00 
4,675 00 
4,900 00 

?29,300 00 

31, 1894. 

$254,104 26 

1,123,850 00 

19,239 56 

795,549 63 

23,300 00 

11,007 08 

77,261 57 

173 00 

98,459 28 

7,430 73 



1 



Loaned Thereon. 

$2,500 00 
800 00 

20,000 00 
?23,300 00 



- $2,410,375 11 
50,000 00 

. $2,360,375 11 



$33,390 78 
149,002 08 

23,999 45 
949,220 62 
559,129 97 

14,768 89 
5,108 78 

|1,734,620 57 

8,677 25 



1,725,943 32 

$634,431 79 
500,000 00 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$1,296,299 00 

1,391,550 00 

931.1S2 00 



AMERICAN FIRE INSURANCE CO. 



163 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, 



$194,535 99 
11,030 64 

$183,505 35 
1,565,530 80 

$1,749,036 15 
98,459 28 

$1,650,576 87 
320,423 96 



sources, 



$1,330,152 91 

64,611 45 

45,107 06 

10,765 84 

9,560 78 



$16,112 50 



Gross cash income, $1,460,198 04 



Expenditures. 

Cash paid for losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

for expenses on real estate, 
Deposits returned on perpetual fire risks, 



,121,341 13 

25,000 00 

219,855 72 

105,984 00 

32,257 01 

97,116 02 

5,938 03 



,163 21 



Gross cash expenditures, . 



. $1,607,494 91 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 
Perpetual risks in force (not included 
above), 



$212,057,472 00 
129,639,519 00 

$341,696,991 00 
177,145,631 00 

$164,551,360 00 
6,361,715 00 

$158,189,645 00 

23,024,974 00 



Premiums. 

$2,521,031 19 
1,565,530 80 

$4,086,561 99 
1,981,068 74 

$2,105,493 25 
73,417 91 

$2,032,075 34 

610,472 20 



164 



ATLANTIC MUTUAL INSURANCE CO. 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (five per cent.), 
Company's stock owned by directors, . . . . 



$28,319,137 00 

17,112,543 00 

968,407 00 

2,671,435 00 

25,000 00 

24,400 00 



"ATLANTIC MUTUAL INSURANCE COMPANY," 
NEW YORK, N. Y. 

[Incorporated April 11, 1842. Commenced business July 1, 1842.] 
JOHN D. JONES, President. JOSEPH H. CHAPMAN, Secretary. 



Detailed Statement of Stocks and Bonds. 



American Exchange Bank stock, 

Bank of America stock, . 

Bank of Commerce stock, 

Bank of New York stock, 

Leather Manufacturers 1 Bank, . 

Merchants' 1 Bank stock, 

Mechanics 1 Bank stock, 

Manhattan Company stock, 

Market & Fulton Bank stock, . 

Phenix Bank stock, .... 

Atlantic Trust Co. stock, . 

Consolidated Gas Company stock, . 

New York County stock, . 

New York City stock, 

Long Island Railroad Company stock, 

N. Y. Central & Hudson River R.R. stock, 

N. Y r . Central & Hudson River R.R. bonds, 

New Y^ork, Lake Erie & Western R.R. bonds 

New York, Chicago & St. Louis R.R. bonds, 

West Shore Railroad bonds, 

Brooklyn & Montauk Railroad bonds, 

Seattle, Lake Shore & Eastern Railway bonds 

Brooklyn City Park bonds, 

Jersey City water bonds, .... 

District of Columbia bonds, 

United States bonds, 



Par Value. 

$76,800 00 

100,000 00 

64,100 00 

73,300 00 

15,600 00 

70,150 00 

47,675 00 

18,000 00 

30,000 00 

71,340 00 

100,000 00 

50,000 00 

100,000 00 

197,100 00 

25,000 00 

660,000 00 

139,000 00 

100,000 00 

200,000 00 

200,000 00 

75,000 00 

100,000 00 

122,000 00 

100,000 00 

369,000 00 

5,860,000 00 



Market Value.* 

$76,800 00 

100,000 00 

64,100 00 

73,300 00 

15,600 00 

70,150 00 

47,675 00 

18,000 00 

30,000 00 

71,340 00 

200,000 00 

50,000 00 

100,000 00 

179,190 00 

20,000 00 

528,000 00 

111,200 00 

90,000 00 

150,000 00 

150,000 00 

60,000 00 

50,000 00 

109,800 00 

100,000 00 

258,800 00 

5,524,000 00 



$8,964,065 00 §8,247,455 00 



Securities held as collateral for cash loans : — 

Fourth National Bank stock, .... 
Consolidated Gas Company of New York, 



Market Value. 

$20,000 00 
28,125 00 



Loaned Thereon. 

,000 00 



£ $22,( 



* Estimated for the purpose of permanent investment. 



ATLANTIC MUTUAL INSURANCE CO. 



165 



Market Value. Loaned Thereon. 



Col., Hocking Valley & Toledo Railway Co., 
N. Y. Central & Hudson River R.R., 
N. Y. Central & Hudson River R.R., 



H3,200 00 

9,800 00 

14,700 00 



$10,000 00 
5,000 00 
6,500 00 



55,825 00 $43,500 00 



Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, . $760,000 00 

Stocks and bonds, as per schedule, . . . 8,247,455 00 

Loans on collateral security, as per schedule, . 43,500 00 
Cash deposited in bank and with English 

bankers, 1,434,083 74 

Notes taken for marine and inland risks, . . 855,693 14 

Gross assets, 

Liabilities. 

Losses adjusted, unpaid, $108,900 70 

claimed and reported, .... 1,491,790 30 

disputed or resisted, .... 37,000 00 

Unearned premiums on outstanding risks, . 1,027,151 41 

Unpaid scrip ordered to be redeemed, . . 237,000 00 

Interest due or accrued on scrip, . . . 10,854 45 

Return premiums, 149,804 46 

Miscellaneous, 19,056 62 

Gross liabilities, except scrip, . . . 

Surplus as regards policy-holders, 

Scrip outstanding, not ordered to be redeemed, 

Surplus over scrip, . 

Income. 

Cash received for marine premiums, . . $2,979,517 54 
Less reinsurance and return premiums, . . 256,428 62 

Net cash marine premiums received, . . 

Interest and dividends received from all sources, . 
Income from rents, . . . . . 



$11,340,731 88 



- 3,081,557 94 

. $8,259,173 94 

. 6,810,390 00 

. $1,448,783 94 



Gross cash income, 

Expenditures. 
Cash paid for marine and inland losses, . . $1,411,292 89 
Deduct salvage and reinsurance, . . . 89,122 91 

Net cash paid for marine and inland losses, . 

Cash paid for redemption of scrip, . • . 
Interest paid scrip holders, .... 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

Gross cash expenditures, .... 



$2,723,088 92 

455,567 15 

39,638 81 

$3,218,294 88 



$1,322,169 98 

1,407,990 00 

420,721 20 

17,734 65 

394,820 81 

37,753 81 

$3,601,190 45 



168 



THE CAPITAL FIRE INSURANCE CO. 



Interest and dividends received from all other sources, 

Income from rents, 

Income from commissions, 



Gross cash income, 

Expenditures. 
Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for state and local taxes, . 

for incidentals, .... 

for expenses on real estate, 

Gross cash expenditures, . 



$24,994 67 

20,280 02 

2,061 01 

$534,293 31 



£245,463 93 
3,536 31 



Risks and Premiums. 



Fire risks outstanding Dec 31, 1893, 
Fire risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



£68,533,312 00 
46,449,427 00 



£241,927 62 
40,000 00 
93,365 93 
27,857 21 
1 56 
19,806 48 
10,736 08 

£44. 



Premiums. 

i 03 
542,873 09 



£114,987,739 00 $1,275,569 12 
47,495,027 00 536,015 65 



$67,492,712 00 $739,553 47 
2,068,283 00 22,926 11 



$65,424,429 00 £716,627 36 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (20 per cent.), 
Company's stock owned by directors, .... 



?7.779,587 00 

4,012,332 00 

204,653 00 

825,925 00 

40,000 00 

60,800 00 



" THE CAPITAL FIRE INSURANCE COMPANY OF CONCORD, X. H.- 
CONCORD, N. H. 

[Incorporated March 10, 1SS6. Commenced business March 19, 1S86.] 

Paid-up Capital, $200,000. 

LYMAN" JACKMAN, President. CHARLES L. JACKMAN, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

City of Portsmouth, N. H., bonds, . . . £40,000 00 I 00 

City of Dover, N. H., bonds, .... 26,000 00 27,300 00 



THE CAPITAL FIRE INSURANCE CO. 



169 



City of Concord, N. H , bonds, 
New Hampshire Trust Co. bonds, . 
Iowa Loan & Trust Co. bonds, . 
Muscatine Mortgage & Trust Co. bonds, 
City Water Co , Merrill, Wis., bonds, 
Clinton, Iowa, Water Works bonds, 
Windsor Land & Inv. Co., Denver, Col., 
Spokane & Palouse R.R. Co. bonds, . 
Central Loan & Debenture Co bonds, 
Winfield Water Co. bonds, 
Johnson Loan & Trust Co., Ark. City, Kan 
Grand Forks Gas & Electric Co. bonds, 
Davidson Investment Co. bonds, 
Witchita, Kan., Water Co. bonds, 
Metropolitan West End R.R. Co. bonds, 
Nebraska Loan & Trust Co. bonds, . 
Kingman, Kansas, Water Co. bonds, 
50 shares C. & M. R R. bonds, . 



bond: 



b'ds 



25 

25 

1 

2 

15 

2 



Page Belting Co., 
Prescott Piano Co., . 
Amoskeag Manufacturing Co., 
Nashua Manufacturing Co., 
Atchison, Topeka & Santa Fe R 
W T est Side Construction Co., 



North American Loan & Trust Co., . 



■R., 



Par Value. 

25,000 00 

6,500 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 
4,000 00 
3,000 00 
1,980 00 
2,500 00 
2,000 00 
2,000 00 
2,000 00 
1,000 00 
1,000 00 
5,000 00 
2,500 00 
2,500 00 
1,000 00 
1,000 00 
1,500 00 
200 00 
828 00 



Market Value. 

$26,500 00 
5,200 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 
4,000 00 
3,000 00 
1,980 00 
2,500 00 
500 00 
2,000 00 
2,000 00 
1,000 00 
1,000 00 
8,500 00 
2,500 00 
2,500 00 
1,800 00 
1,050 00 
65 62 
200 00 
828 00 



$161,508 00 $166,423 62 



Securities held as collateral for cash loans : 
25 shares Concord Manufacturing Co., 



Market Value. Loaned Thereon. 

$5,000 00 2,000 00 



Summary of Assets Dec. 31, 1894. 






Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due«or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$95,000 00 

69,340 00 

1,798 27 

166,423 62 

2,000 00 

680 27 

6,437 35 

893 12 

99,363 00 

525 08 



$442,460 71 



* Value of lands mortgaged $104,971 00 

Value of buildings thereon 96,450 00 

Amount of insurance held as collateral 59,800 00 



170 



THE CAPITAL FIRE INSURANCE CO. 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, . 
Less reinsurance, . . . 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Due for borrowed money, 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, etc., 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



$14,015 89 
12,427 31 

$26,443 20 
2,037 50 

$24,405 70 

161,760 21 

2,062 32 

32,500 00 

13,554 23 

7,428 10 

288 64 



$241,999 20 

$200,461 51 
200,000 00 

$461 51 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



$42,859 51 
384,350 03 

$427,209 54 
99,363 00 



$327,846 54 
180,649 29 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Income from rents, 

from profit on sale of stock, . . . . 



from borrowed money, 



$3,500 00 



$147,197 25 

3,727 44 

8,483 34 

3,113 59 

816 25 



Gross cash income, ........ $163,337 87 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

for interest on borrowed money, 

Gross cash expenditures, . . , 



$195,191 80 
80,218 95 



$114,972 85 
10,000 00 
34,584 82 
5,209 54 
4,293 55 
6,216 20 
1,499 68 

$176,776 64 



citizens' insurance company. 



171 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $20,966,982 00 
. 23,176,488 00 



Premiums. 

$290,811 24 
384,350 03 



$44,143,470 00 
20,518,343 00 



$675,161 27 
351,425 90 



. $23,625,127 00 $323,735 37 
478,648 00 5,104 43 



.$23,146,479 00 $318,630 94 



Miscellaneous. 
Premiums received from organization of company, . 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (5 per cent.), . 
Company's stock owned by directors, .... 



$1,253,377 00 

393,809 00 

174,410 00 

53,614 00 

10,000 00 

60,100 00 



" CITIZENS' INSURANCE COMPANY," NEW YORK. 

[Incorporated April, 1836. Commenced business April, 1837.] 

Paid-up Capital, $300,000. 

EDWARD A. WALTON, President. FRANK M. PARKER, Secretary. 



Detailed Statement of Stocks 

United States bonds, .... 
National Bank of Commerce stock, . 
National Citizens' Bank stock, . 
National Bank of the Republic stock, 
Consolidated Gas Company stock, . 
Union Trust Company stock, . 
Oregon Short Line & Utah No. R.R. bonds, 
Lake Shore & Michigan Southern R.R. bonds, 
New York, Chicago & St. Louis R R. bonds, . 
Cleveland, Cincinnati & St. Louis R.R. stock, 
Union Pacific Railroad stock, .... 
Underwriters' Salvage Company, . 



and Bonds. 

Par Value. 

$150,000 00 
10,000 00 
30,000 00 

5,000 00 
20,000 00 
10,000 00 

2,000 00 
50,000 00 
10,000 00 
30,000 00 
20,000 00 

1,000 00 



Market Value. 

$170,250 00 
18,200 00 
43,500 00 

8,250 00 
26,000 00 
73,500 00 

1,200 00 
60,000 00 
10,250 00 
15,900 00 

2,200 00 

1,000 00 



$338,000 00 $430,250 00 



Securities held as collateral for cash loans : — 

Butchers' and Drovers' National Bank stock, . 
Lake Shore & Michigan Southern R.R. bonds, 
Pennsylvania Railroad stock, .... 
New York Mutual Gas Company stock, . . 



Market Value. 

$1,627 50 

24,000 00 

2,550 00 

918 00 



Loaned Thereon. 

$900 00 

10,000 00 

2,000 00 

525 00 



m 



CITIZENS INSURANCE CO. 



Elizabeth, T. Lexington & B. S. R.R. stock, 
Consolidated Gas Company stock, . 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Reinsurance, 

Premiums more than 3 months due, $1,302 75 

Gross assets, 

Deduct special deposits in other States, . 

Balance, 

Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc., . 
Due for borrowed money, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 

Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 



Market Value. 

$950 00 
3,250 00 

$33,295 50 

31, 1894. 

$101,250 00 

41,300 00 

866 50 

430,250 00 

16,925 00 

5,032 05 

92,634 33 

7,260 00 

130,293 67 

2,313 32 

9,731 19 



Loaned Thereon. 



$3,500 00 



$10,925 00 



$9,318 15 
8,350 00 

10,263 38 

280,863 43 

1,485 15 

900 00 

80,000 00 

15,452 40 
1,119 73 
1,995 79 



$131,288 68 
3,439 04 

$127,849 64 
568,507 26 

$696,356 90 
131,596 42 

$564,760 48 
122,720 04 



$837,856 06 
28,375 00 

$809,481 06 



409,748 03 

$399,733 03 
300,000 00 

§99,733 03 



$142,040 44 



citizens' INSURANCE CO. 



173 



Interest received on mortgages, .... 
Interest and dividends received from all other sources, 

Income from rents, 

Income from profit on sale of real estate, 



Gross cash income, 

Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash dividends paid, 
Cash paid for redemption of scrip, . 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 
Borrowed money repaid, 

Gross cash expenditures, .... 



5,371 51 
96,293 45 



$20,000 00 



Risks and Premiums. 



Fire risks outstanding Dec 31, 1893, 
Fire risks written during 1891, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$72,665,326 
73,782,443 



$1,818 00 

24,057 08 

7,343 35 

28,005 37 

$503,264 24 



$289,078 06 
23,132 35 
40,000 00 
98,198 42 
46,031 81 
11,081 95 
54,985 49 

$562,508 08 



Premiums. 

00 $526,762 00 
00 568,507 26 



$146,447,769 
69,313,986 



00 $1,095,269 26 
00 494,403 19 



$77,133,783 
4,334,366 



00 $600,866 07 
00 32,714 44 



$72,799,417 00 $568,151 63 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year, .... 
Company's stock owned by directors, .... 



$14,331,958 00 

7,670,547 00 

246,732 00 

1,950,578 00 

24,278 00 

107,400 00 



"CITIZENS 1 INSURANCE COMPANY OF MISSOURI," 
ST. LOUIS, MO. 

[Incorporated Feb. 2, 1837. Commenced business 1837.] 

Paid-up Capital, $200,000. 

J. B. M. KEHLOR, President. JOHN P. HARRISON, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

North Missouri Railroad bonds, . . . $100,000 00 $104,500 00 
St. Louis United Elevator Company bonds, . 84,000 00 84,000 00 



174 



citizens' INSURANCE CO. 



Venice Elevator Company bonds, 
City of Waco, Texas, bonds, . 
Advance Elevator Company bonds, 
American Exchange Bank stock, 
Phillips County (Ark.) bonds, . 
City of Marshall, 111., bonds, . 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 

Unearned premiums on outstanding risks, 

Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Par Value. 

$32,000 00 
36,000 00 
10,C00 00 
21,000 00 
10,000 00 
4,000 00 



Market Value. 

$32,000 00 
36,000 00 
10,000 00 
35,280 00 
10,500 00 
4,100 00 



Surplus over capital, 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash lire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 



$297,000 00 $316,380 00 

31, 1894. 

$1,000 00 

164,150 00 

2,889 00 

316,380 00 

246 00 

20,490 48 

17,155 79 

$522,311 27 



$3,550 00 
5,990 00 
1,350 00 

70,952 00 
3,361 00 



85,203 00 

$437,108 27 
200,000 00 



?237,108 27 



$12,863 00 
108,817 50 



$121,680 50 
17,080 79 

$104,599 71 
698 83 

$90 00 
2,374 18 

$2,464 18 
75 00 

$2,389 18 
89 37 



$103,900 88 



2,299 81 



* Value of lands mortgaged $230,200 00 

Value of buildings thereon, 172,000 00 

Amount of insurance held as collateral 149,500 00 



COMMERCE INSURANCE CO. 



175 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 



$9,793 36 
18,220 00 



Gross cash income, $134,214 05 



Expenditures. 
Cash paid for fire losses, 

Cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes,. 

for incidentals, 



Gross cash expenditures, 



$56,647 61 
4,815 46 
6,000 00 
21,053 41 
8,800 00 
7,452 00 
6,236 50 



$111,001 98 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks written during 1894, . 
Deduct risks expired and terminated, 



Premiums. 

$126,847 00 
108,817 50 



$9,945,490 00 
7,870,157 00 

$17,815,647 00 
7,008,545 00 

$10,807,102 00 
77,500 00 

$10,729,602 00 $142,211 00 



$235,664 50 
92,516 50 



$113,148 00 
937 00 



$468,411 00 
468,411 00 



Miscellaneous. 
Losses paid from organization of company, 
Fire losses incurred during the year, 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (3 per cent.), . 
Company's stock owned by directors, 



52,374 18 
2,374 18 



$3,261,537 00 

51,737 00 

4,815 00 

785,798 00 

6,000 00 

172,000 00 



"COMMERCE INSURANCE COMPANY," ALBANY, N. Y. 

[Incorporated June 1, 1859. Commenced business June 1, 1859.] 

Paid-up Capital, $200,000. 

GARRET A. VAN ALLEN, President. E. DARWIN JENISON, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

150 shares NatU Commerc'l B% Albany, N Y., $15,000 00 $49,500 00 

150 " First Nat'l Bank, Albany, N. Y., . 15,000 00 24,750 00 

72 " Nat'l Exchange B'k, Albany, N. Y., 7,200 00 8,640 00 

45 " Albany City Nat 1 ! Bank, Albany, . 4,500 00 4,500 00 



176 



COMMERCE INSURANCE CO. 



50 shares National Bank, Cohoes, N. Y., 
50 " South End Bank, Albany, N. Y., 
25 " Holland Trust Co., New York, 
300 " Rensselaer & Saratoga Railroad, 
5 " Underwriters' Salvage Co., N. Y. 



Securities held as collateral for cash loans : — 

53 shares First National B'k, Albany, N Y., 
10 " N. Y. Cent. & Hudson River R.R., 
Thomson Pulp & Paper Co. bonds, . 
5 shares iEtna Ins. Co., Hartford, Conn., 
25 " Capital City Malleable Iron Co., 
35 " Nafl B'k of Cohoes, N. Y , 



Par Value. 

$5,000 00 

5,000 00 

00 

30,000 00 

500 00 



Market Value. 

$7,000 00 
3,750 00 
2,500 00 

54,000 00 
500 00 



8*4,700 00 $155,140 00 



Market Value. 

$8,745 00 
980 00 
6,000 00 
1,250 00 
2,250 00 
4,900 00 



Loaned Thereon, 

$5,000 00 

400 00 

5,000 00 

150 00 

1,000 00 

2,500 00 



$24,125 00 $14,050 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, .... 

Liabilities. 
Losses claimed and reported, . 

Losses disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
State and local taxes, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, . 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



31, 1894. 

$75,000 00 

73,950 00 

18 00 

155,140 00 

14,050 00 

1,877 58 

29,887 25 

500 00 

8,336 91 

422 95 



$19,000 00 

1,000 00 

$20,000 00 

920 00 

$19,080 00 

89,973 03 

161 57 

1,274 06 

899 26 

2,891 96 



$359,182 69 



114,279 88 

8244.902 81 
200,000 00 

$44,902 SI 



♦Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



- M 00 

113,000 00 
81,300 00 



COMMERCE INSURANCE CO. 



177 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



),817 15 
156,749 29 

$167,566 44 
8,336 91 

$159,229 53 
24,944 76 



$134,284 77 
4,288 69 
8,396 95 
6,479 15 



Gross cash income, $153,449 56 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



$77,794 95 
1,471 93 



$76,323 02 

12,000 00 

24,814 92 

11,041 94 

7,324 31 

8,075 69 



Gross cash expenditures, ....... $139,579 88 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 

$17,751,577 00 $195,596 04 
13,716,731 00 156,749 29 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



$31,468,308 00 $352,345 33 
14,664,104 00 165,301 68 



$16,804,204 00 $187,043 65 
666,137 00 6,223 46 



$16,138,067 00 $180,820 19 



Miscellaneous. 

Premiums received from organization of company, . . $5,065,186 00 

Losses paid from organization of company, .... 3,309,750 00 

Fire losses incurred during the year, 77,350 00 

Cash dividends declared from organization of company, . 828,000 00 

Dividends declared during the year (6 per cent.), . . . 12,000 00 

Company's stock owned by directors, 61,950 00 



178 



THE COMMONWEALTH INSURANCE CO. 



" THE COMMONWEALTH INSURANCE COMPANY OF 
NEW YORK," N. Y. 

[Incorporated Aug. 23, 1886. Commenced business Sept. 15, 1886.] 
Paid-up Capital, $500,000. 
M. M. BELDING, President. CHA8. 8. BARTOW, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Valne. Market Valne. 

United States bonds, $65,000 00 $71,900 00 

New York city stock 125,000 00 126,875 00 

District of Columbia bonds 50,000 00 51,250 00 

200 shares American Telegraph & Cable Co., 20,000 00 18,400 00 

100 " American Surety Co., . . . 5^000 00 10,756 25 

1,000 " Brooklyn City R.R. Co., . . 10,000 00 16,850 00 

200 " Central R.R. Co. of New Jersey, . 20,000 00 17,900 00 

100 " Chicago & Alton R.R. Co., . . 10,000 00 14,650 00 

100 " C.,C.,C. & St. Louis R.R., . . 10,000 00 8,300 00 

100 u Chic, Mil. & St. Paul R'y, . . 10,000 00 11,775 00 

200 " Chicago & Northwestern R'y, . 20,000 00 19,375 00 

200 " Chic, St. Paul, Minn. & Omaha Ry., 20,000 00 22,300 00 

116 " Delaware & Hudson Canal Co., . 11,600 00 14,703 00 

107 " Edison Electric 111. Co., Brooklyn, 10,700 00 11,930 50 

200 " Edison Electric 111. Co., New York, 20,000 00 20,300 00 

200 " Illinois Central Railroad Co., . 20,000 00 16,700 00 

100 " Manhattan Railway Co., . . 10,000 00 10,512 50 

100 " Lake Shore & Mich. South'n R R., 10,000 00 13,450 00 

100 " Toledo & Ohio Central Railway, . 10,000 00 7,800 00 

220 " Western Union Telegraph Co., . 22,0 >0 00 19,140 00 

American Cotton Oil Co. bonds, . . . 20,000 00 22,800 00 

50 shares Merchants' National Bank, N. Y., . 2,500 00 3,450 00 

25 " National Bank of Commerce, N. Y., 2,500 00 4,550 00 

25 " Bank of America, New York, . . 2,500 00 5,175 00 

50 " Central National Bank, New York, . 5,000 00 6,050 00 

50 " Bowery Bank of New York, . . 5,000 00 14,300 00 

50 " German American Bank, New York, 3,750 00 4,462 50 

50 " New York Produce Exchange Bank, . 5,000 00 6,000 00 



Summary of Assets Dec 
Loans on mortgage of real estate {first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums iu course of collection (gross), 
Gross assets, 



$525,550 00 


£571,654 75 


31, 1894. 




. f93,500 00 




1,451 53 




571,654 75 




1,333 66 




12,886 23 




6,426 91 




28,754 49 






471 P. 007 67 



Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$86,000 00 
73.000 00 
91,000 00 



THE COMMONWEALTH INSURANCE CO. 



179 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Return premiums, . . . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, . 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 



Entire premiums collected, .... $215,821 16 

Less reinsurance and return premiums, . . 38,484 93 

Net cash lire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



$14,383 50 

94,053 15 

1,200 00 

2,244 66 

776 99 

243 28 



$30,405 96 
214,169 69 



$244,575 65 
28,754 49 



$112,901 58 

$603,105 99 
500,000 00 



$103,105 99 



$177,336 23 
10,103 67 
17,684 53 



Gross cash income $205,124 43 



Expenditures. 
Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Interest paid scrip-holders, .... 

Cash paid for commissions and brokerage, • . 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 

Gross cash expenditures, .... 



$71,685 50 
1,077 70 



$70,607 80 

751 42 

17,061 95 

22,487 57 

6,514 68 

12,107 83 



$129,531 25 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894,. 



Risks and Premiums. 

Premiums. 

.$18,086,245 00 $199,776 74 
. 20,788,887 00 214,169 69 



Total, . . . ' . . . 
Deduct risks expired and terminated, 

In force at end of 3*ear, . 
Deduct amount reinsured, 

Net amount in force, . 



.$38,875,132 00 $413,946 43 
. 21,818,582 00 224,794 57 



.$17,056,550 00 $189,151 86 
196,350 00 1,970 68 



.$16,860,200 00 $187,181 18 



180 



THE CONCORDIA FIRE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$1,622,846 00 

1,007,285 00 

67,894 00 

96,000 00 

94,500 00 



" THE CONCORDIA FIRE INSURANCE COMPANY OF 
MILWAUKEE," MILWAUKEE, WIS. 

[Incorporated March 7, 1870. Commenced business March 22, 1870.] 

Paid-up Capital, $200,000. 

J. H. INBUSCH, President. GUSTAV WOLLAEGKR, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Chicago, 111., city bonds $35,000 00 $35,500 00 

Cincinnati city bonds, 40,000 00 42,400 00 

Washington County, 111., bonds, . . . 15,000 00 15,450 00 

$90,000 00 $93,350 00 

31, 1894. 

£492,655 00 

5,185 75 

93,350 00 

12,924 49 

38,853 70 

783 33 

55,015 90 

$698,768 17 



Summary of Assets Dec. 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, ..... 

Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 



Surplus over capital, 



$14,852 10 

22,021 49 

7,436 39 

370,126 95 

12,804 42 

845 48 



428,0S6 83 

$270,681 34 

200,000 00 

?70,681 34 



* Value of lands mortgaged, . . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$740,950 00 
660,650 00 
315,025 00 



THE CONCORDIA FIRE INSURANCE CO. 



181 



Income. 

Fire premiums outstanding Dec. 31, 1893, . $63,565 86 

Same not collected, 1,859 82 

Net collected, $61,706 04 

Premiums on risks written or renewed, . . 531,067 75 

Total, $592,773 79 

Premiums now in course of collection, . . 55,015 90 

Entire premiums collected, . . . . $537,757 89 

Less reinsurance and return premiums, . . 129,383 98 

Net cash fire premiums received, . . . 

Interest received on mortgages, . . . . 
Interest and dividends received from all other sources, . 



$408,373 91 

28,822 15 

4,600 00 



Gross cash income, $441,796 06 



Expenditures. 

Cash paid for fire losses, $266,926 67 

Deduct salvage and reinsurance, . . . 24,262 22 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 

Gross cash expenditures, . 



$242,664 45 
14,019 00 
101,048 73 
26,525 00 
10,748 74 
33,152 10 

$428,158 02 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$66,404,936 00 $800,893 05 
40,503,500 00 531,067 75 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, . 

Net amount in force, . 



$106,908,436 00 $1,331,960 80 
42,171,961 00 531,015 22 



$64,736,475 00 $800,945 58 
5,417,112 00 66,322 61 



$59,319,363 00 $734,622 97 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (7 per cent.), . 
Company's stock owned by directors, 



$4,404,270 00 

2,455,013 00 

237,492 00 

179,677 00 

14,000 00 

148,100 00 



182 



CONNECTICUT FIRE INSURANCE CO. 



"CONNECTICUT FIRE INSURANCE COMPANY," HARTFORD, 

CONN. 

[Incorporated June, 1850. Commenced business July, 1850.] 

Paid-up Capital, $1,000,000. 

J. D. BROWNE, President. CHARLES R. BURT, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Dominion of Canada bonds, .... $100,000 00 $105,000 00 

State of Georgia bonds, 25,000 00 26,625 00 

Territory of Arizona bonds, .... 25,000 00 26,000 00 

City of Astoria, Oregon, bonds, . . . 12,000 00 12,840 00 

City of Dallas, Texas, bonds, .... 12,000 00 12,000 00 

City of Fargo bonds, 14,000 00 15,300 00 

City of Middletown bonds, . . • . . 10,000 00 10,600 00 

City of New Britain bonds, .... 10,000 CO 10,7f 00 

City of Pawtucket, R. I , bonds, . . . 30,000 00 30,525 00 

City of Portland, Oregon, bonds, . . . 25.0C0 00 28,125 00 

City of Richmond, Va., bonds, .... 50,000 00 50,000 00 

City of Salem, Oregon, bonds, . . . . 11,000 00 12,017 50 

City of Salt Lake, Utah, bonds, . . . 50,000 00 51,500 00 

City of Seattle, Washington, bonds, . . 25,000 00 25,250 00 

City of Urbana, Ohio, bonds, .... 15,000 00 15,900 00 

Mankato, Minn., city bonds 15,000 00 15,000 00 

School Dist. No. 2, Arapahoe Co., Col., bonds, . 25,000 00 26,000 00 

School Dist. No. 24, Marion Co , Ore., bonds, . 13,000 00 14,170 00 

Minneapolis Gas Light Company bonds, . . 25,000 00 26,250 00 

Black Rocks & Salisbury Beach St. R.R. bonds, 10,000 00 9,500 00 

Broadway & Seventh Avenue Railroad bonds, 20,000 00 20,800 00 

Chicago, Burlington & Quincy Railroad bonds, 25,900 00 26,967 00 

Chicago & Western Indiana Railroad bonds, . 15,000 00 17,512 50 

Cleve., Cincinnati, Chic. & St. Louis R.R. bonds, 10,000 00 9,000 00 

Cincinnati, Dayton & lronton Railroad bonds, 15,000 00 15,000 00 

Cincinnati, Hamilton & Dayton R S R. bonds, . 25,000 00 25,500 00 

Cleveland, Lorain & Wheeling R R. bonds, . 10,000 00 9,950 00 

Cleveland & Mahoning Valley R.R. bonds, . 10,000 00 11,000 00 

Dayton & Michigan Railroad bonds, . . 25,000 00 26,250 00 

Saginaw & Western Railroad Co. bonds, . 2,000 00 1,000 00 

Fitchburg Railroad Co. bonds, . . . . 20,000 CO 21,200 00 

Grand Rapids, Lansing & Detroit R.R bonds, . 3,000 00 1,500 00 

Housatonic Railroad bonds 30,000 00 30,150 00 

Manitou & Pike's Peak Railway bonds, . . 10,000 00 9,750 00 

New York, New Haven & Hartford R R. bonds, 52,000 00 66,200 00 

Quincy, Alton & St. Louis Railroad bonds, . 49,000 00 49,000 00 

Toledo & Ohio Central Railroad bonds, . . 15,000 00 15,375 00 

West Chicago Street Railroad Co. bonds, . 10,000 00 10,000 00 

West Chicago Street R.R. Tunnel Co. bonds, . 10,000 00 10,175 00 



CONNECTICUT FIRE INSURANCE CO. 



183 



Helena, Montana, sewerage bonds, . 
Central Safety Deposit Co., Chicago, bonds, . 
Cham, of Com. Safety Vault Co., Chic , bonds, 
Traders 1 Safe and Trust Co., Chicago, bonds, . 
Northwestern Telegraph Company bonds, ' . 
150 shares Bald Eagle Valley Railroad Co., . 
142 " Boston & Albany Railroad Co., 
740 " Chicago, Burlington & Quincy R.R., 
150 " Chicago & Northwestern Railroad, 
220 " Chicago, Rock Island & Pacific R R., 
300 " N. Y. Central & Hudson River R R., 
300 " N Y., New Hav. & Hartford R.R., . 
300 " Pitts., Fort Wayne & Chicago R.R , 
200 " Imp. & Traders' N'l B% New York, 
100 " iEtna National Bank, Hartford, 

93 " Charter Oak NatH .Bank, Hartford, 
125 " Farm, and Mech. NU B'k, Hartford, 
185 " First National Bank, Hartford, 
300 " Hartford National Bank, Hartford, 
100 " Mercantile Nat'l Bank, Hartford, . 
412 " National Exchange Bank, Hartford, 
150 " Phoenix National Bank, Hartford, . 

45 " Conn. Trust & Safe Dep. Co., Hart , 
167 " First Nat'l B'k, Minneapolis, Minn., 

11 " Second N'l B'k, New Haven, Conn., 
200 " Empire and Bay State Teleg. Co., . 
600 " Northwestern Telegraph Co., . 



Par Value. 

$17,000 oo 

25,000 00 

10,000 00 

10,000 00 

15,000 00 

7,500 00 

14,200 00 

74,000 00 

15,000 00 

22,000 00 

30,000 00 

30,000 00 

30,000 00 

20,000 00 

10,000 00 

9,300 00 

12,500 00 

18,500 00 

30,000 00 

10,000 00 

20,600 00 

15,000 00 

4,500 00 

16,700 00 

1,100 00 

20,000 00 

30,000 00 



Market Value. 

«17,595 00 
25,625 00 
10,200 00 
10,000 00 
17,250 00 
15,000 00 
29,110 00 
53,280 00 
14,550 00 
13,640 00 
29,700 00 
58,500 00 
45,000 00 
108,000 00 
13,000 00 

8,370 00 
13,375 00 
19,795 00 
43,500 00 

7,500 00 
23,072 00 
18,750 00 

7,200 00 
16,700 00 

1,837 00 
14,800 00 
33,000 00 



81,376,800 00 $1,567,981 00 



Securities held as collateral for cash loans : — 
North Chicago Street Railway Co. stock, 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $2,814,134 64 



Market Value. 

$13,000 00 



Loaned Thereon. 

$7,500 00 



31, 1894. 

$128,750 00 

825,360 00 

1,567,981 00 

7,500 00 

433 80 

214,701 01 

249,248 83 

2,285 00 



$2,996,259 64 
182,125 00 



* Value of lands mortgaged, . . . . ' . . . $1,012,575 00 

Value of buildings thereon 1,207,900 00 

Amount of insurance held as collateral 888,750 00 



184 



CONNECTICUT FIRE INSURANCE CO. 



Liabilities. 
Losses claimed and reported, . 
Losses disputed or resisted, . 

Total amount of losses, . . 
Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Due and accrued for rent, salaries, etc., 
State and local taxes, . . 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



Income 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total 12,173,304 33 

Premiums now in course of collection, . . 249,218 83 

Entire premiums collected, .... $1,924,055 50 
Less reinsurance and return premiums, . . 261,516 26 

Net cash fire premiums received, . . . $1,659,539 24 

Interest received on mortgages, 42,411 78 

Interest and dividends received from all other sources, . . 76,452 94 



$168,317 50 
26,101 85 

$194,419 35 
4,157 04 

$190,262 31 
1,279,531 10 
28,386 13 
4,929 49 
28,763 54 
20,737 21 
39,030 08 

$1,591,639 86 
64,727 00 



$1,526,912 86 



. ? 1,287,221 78 
. 1,000,000 00 



$287,221 78 



$242,057 73 
1,931,246 60 



Gross cash income, $1,778,403 96 



Expenditures. 

Cash paid for fire losses, $1,017,766 80 

Deduct salvage and reinsurance, . . . 62,667 32 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, .... 
for incidentals, 

Gross cash expenditures, 



$955,099 48 

80,000 00 

296,840 34 

130,113 31 

36,362 97 

123,513 94 

$1,621,930 04 



CONTINENTAL INSURANCE CO. 



185 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 
$171,143,074 00 $2,251,907 59 
144,862,485 00 1,931,246 60 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



$316,005,559 00 $4,183,154 19 
122,373,075 00 1,652,027 12 



$193,632,484 00 $2,531,127 07 
5,490,000 00 74,950 00 



$188,142,484 00 $2,456,177 07 



Miscellaneous. 

Premiums received from reorganization of company, 
Losses paid from reorganization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from reorganization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$18,404,190 00 

10,542,476 00 

901,178 00 

1,905,000 00 

80,000 00 

70,800 00 



"CONTINENTAL INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated November, 1852. Commenced business January, 1853.] 

Paid-up Capital, $1,000,000. 

F. C. MOORE, President. EDWARD LANNING-, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

American Exchange National Bank, $25,000 00 $37,500 00 

Bank of America, .... 10,000 00 19,500 00 

Bowery Bank 5,000 00 14,250 00 

Mechanics' National Bank, . . 30,000 00 54,000 00 

Mercantile National Bank, . . 25,000 00 45,000 00 

Merchants' National Bank, . . 17,500 00 23,625 00 

Nassau Bank, 5,000 00 8,000 00 

Phenix National Bank, . . . 7,640 00 8,556 80 

Central Trust Company, . . 20,000 00 180,000 00 

Chicago, Burl. & Quiney Railroad, 110,000 00 77,000 00 

Chicago, Mil. & St. Paul Railway, . 50,000 00 58,500 00 

Chicago & Northwestern Railway, 50,000 00 71,000 00 

Chicago, Rock Island & Pacific R'y, 100,000 00 60,000 00 

Chi., St. Paul, Minn. & Omaha R'y, 100,000 00 110,000 00 

Clev., Cin., Chi. & St. Louis R.R., . 100,000 00 82,000 00 

Lake Shore & Mich. Southern R'y, 50,000 00 66,500 00 

New York & Harlem Railroad, . 101,650 00 259,207 50 

N. Y., New Haven & Hartford R.R., 25,600 00 48,640 00 

Pennsylvania Railroad Company, . 50,000 00 50,000 00 



250 s 


tiar 


100 


it 


50 


ti 


1,200 


ti 


250 


it 


350 


Cl 


100 


(( 


382 


11 


200 


(4 


1,100 


(1 


500 


II 


500 


It 


1,000 


It 


1,000 


(I 


1,000 


u 


500 


II 


2,033 


(( 


256 


II 


1,000 


II 



186 



CONTINENTAL INSURANCE CO. 



Par Value. 

5,000 shares Pitts., McKees.&Youghiogheny R.R., $250,000 00 
500 " Rome,Watertown&OgdensburgR.R, 50,000 00 

500 " St. Paul & Duluth Railroad, . . 50,000 00 

1,000 " St. Paul, Minn. & Manitoba R'way, 100,000 CO 

1,200 " United N.J. RR. &- Canal Co., . 120,000 00 

500 " Consolidated Gas Ccx of N. Y., . 50,000 00 

Atlantic & Gulf Railroad bonds, . . . 47,000 00 

Cedar Rapids, la. Falls & Northw'n R R. bonds, 50,000 00 

Central Railroad & BVg Co. of Georgia bonds, . 100,000 00 

Chicago, Burl. & Quincy Railroad bonds, . . 10,000 00 

Chicago, Milwaukee & St. Paul bonds, . . 50,000 00 

Chicago & Northwestern Sinking Fund bonds, . 50,000 00 

Chicago, Rock Island & Pacific Railroad bonds, 100,000 00 

Chicago, St. Paul, Minn. & Omaha R'way bonds, 100,000 00 

Columbia & Greenville Railroad bonds, . . 50,000 00 

Elmira, Cortland & Northern bonds, . . . 50,000 00 

Erie Railway Company bonds, .... 50,000 00 

Georgia, Carolina & Northern Railway bonds, . 25,000 00 

Grand Rapids, Lansing & Detroit RR. bonds, . 50,000 00 

Indiana, Bloomington & Western R R. bonds, . 135,000 00 

Kentucky Central Railway Company bonds, . 50,000 00 

Midland Railroad Co. of New Jersey bonds, . 50,000 00 

Milwaukee, Lake Shore & Western R.R. bonds, 100,000 00 

Morris & Essex Railroad bonds 50,000 00 

New York Central & Hudson River R.R. bonds, 50,000 00 

New York, Lackawanna & Western R'y bonds, . 50,000 00 

New York, Lake Erie & Western Railroad bonds, 50,000 00 

New York, New Haven & Hartford R.R. bonds, 10,000 00 

Raleigh & Augusta Air Line Railroad bonds, . 50,000 00 

Richmond & Danville Railroad bonds, . . 50,000 00 

St. Paul, Minnesota & Manitoba Railroad bonds, 100,000 00 

Western Union Telegraph Company bonds, . 100,000 00 

Portland, Oregon, water bonds, .... 50,000 00 

Richmond, Virginia, bonds, .... 50,000 00 

Alabama bonds, 10,000 00 

Georgia bonds, 25,000 00 

United States bonds, 550,000 00 

New York city bonds 5,000 00 



Market Value. 

$305,000 00 
57,500 00 
43,500 00 

103,000 00 

282,000 00 
63,500 00 
49,350 00 
50,000 00 

100,000 00 
12,000 00 
57,500 00 
57,500 00 

101,000 00 

125,000 00 
50,000 00 
50,000 00 
65,000 00 
21,250 00 
25,000 00 

148,500 00 
40,000 00 
58,000 00 

127,000 00 
69,000 00 
53,500 CO 
65,000 00 
50,000 00 
13,700 00 
55,000 00 
59,000 00 

118,000 00 

105,000 00 
55,000 00 
50,000 00 
10,000 00 
27,500 00 

610,350 00 
5,000 00 



$3,769,390 00 $4,610,929 30 



Securities held as collateral for cash loans : — 

30 shares New York & Harlem Railroad, . 
10 " 42d Street & Grand Street Ferry R.R., 
10 " Delaware & Hudson Canal Company, 
10 " Bank of New York, .... 



Market Value. Loaned Thereon. 

$3,825 00] 



3,000 00 I 
1,250 00 j 
2,300 00 j 



$4,000 00 



f 10,375 00 $4,000 00 



CONTINENTAL INSURANCE CO. 



187 



Summary of Assets Dec. 31, 1894.* 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens f), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Loans on collateral security, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross),. 
Notes taken for fire risks, .... 
Rents due and accrued, .... 
Premiums more than 3 months due, $245,868 27 

Gross assets, % 

Deduct special deposits in other States, 



$979,001 05 

112,635 00 

2,436 29 

4,610,929 30 

4,000 00 

11,501 34 

326,739 94 

94,238 95 

329,698 84 

280,596 10 

3,131 91 



Balance, 



$6,754,908 72 
. 132,500 00 

$6,622,408 72 



Liabilities. 
Losses claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, 
Less reinsurance, . 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, . 
Commissions and brokerage, 
Contingent reserve, .... 
Reinsurance disallowed, 

Gross liabilities, except capital, . 
Deduct liability on special deposits, . 



Surplus as regards policy-holders, 
Paid-up capital, .... 



Surplus over capital, 



$293,124 00 
45,877 00 

$339,001 00 
4,114 00 

$334,887 00 

3,405,407 79 

29,350 00 

6,141 72 

67,852 95 

100,000 00 

2,376 43 



$3,946,015 89 
71,338 86 



3,874,677 03 

$2,747,731 69 
1,000,000 00 

$1,747,731 69 



* The company holds, also, instalment premium notes to the amount of $1,326,775.60 which do 
not enter into nor form any part of the assets of the company, as no portion of them is earned. 
Whatever value is attached to them would necessarily be counterbalanced by the addition of an 
exactly equal amount to the reinsurance liability, the entire sum consisting of " unearned pre- 
miums." 



| Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, . 



$151,650 00 
163,950 00 
138,175 00 



X Including $600,000 special reserve fund held under New York law. 



188 



CONTINENTAL INSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1893, . $659,880 94 

Same not collected, 99,188 90 

Net collected $560,692 04 

Premiums on risks written or renewed, . . 3,635,200 21 

Total, $4,195,892 25 

Premiums now in course of collection, . . 610,294 94 



Entire premiums collected, .... $3,585,597 31 
Less reinsurance and return premiums, . . 387,875 28 

Net cash fire premiums received, . . . $3,197,722 03 

Interest received on mortgages, 6,654 03 

Interest and dividends received from all other sources, . . 242,241 20 
Income from rents, 21,371 71 



Gross cash income, $3,467,991 97 



Expenditures 
Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for tire losses, 

Cash dividends paid, .... 

Cash paid for redemption of scrip, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$1,805,493 74 
38,225 72 



Gross cash expenditures, 



$1,767,268 02 
154,109 20 
189 26 
643,638 65 
273,880 30 
58,672 45 
206,038 53 

$3,103,796 41 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$607,016,976 00 $6,029,507 51 
418,163,990 00 3,635,200 21 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . . 
Deduct amount reinsured, . . 

Net amount in force, 



$1,025,180,966 00 $9,664,707 72 
393,218,705 00 3,131,530 79 



$631,962,261 00 $6,533,176 93 
5,038,339 00 50,772 17 



$626,923,922 00 $6,482,404 76 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (15 T 4 ff per cent.), 
Company's stock owned by directors, .... 



$58,412,113 00 

32,705,993 00 

1,650,77. 

5,338,357 00 

154,000 00 

162,500 00 



THE DELAWARE INSURANCE CO. 



189 



" THE DELAWARE INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 10, 1835. Commenced business Aug. 6, 1835.] 

Paid-up Capital, $702,875. 

TATTNALL PAULDING, President. HENRY LYLBURN, Secretary. 



Detailed Statement of Stocks 



Philadelphia city bonds, . 
Lehigh Valley Railroad bonds, 
St. Louis city bonds, .... 
American Steamship Company bonds, 
Newark, N. J., city bonds, 
Camden, N. J., city bonds, 
Springfield, 111., city bonds, 
Philadelphia & Reading Railroad bonds, 
Allentown Terminal Railroad bonds, 
Lehigh Valley Railroad bonds, 
Pennsylvania & New York Canal Co. bonds, 
Philadelphia, Wil. & Bait. R.R. certificates, 
Tennessee State bonds, .... 
Philadelphia & Reading Railroad car trust, 
Pennsylvania Railroad stock, . 
Pitts., Youngstown & Ashtabula R.R. bonds, 
Baltimore Belt Railroad bonds, 
Northern Pacific Railroad bonds, 
St. Louis Merchants 1 Bridge Terminal Co , 
Delano Land Company bonds, . 
Philadelphia Bourse, .... 

Mortgage Trust Company, Pennsylvania, 
Georgia State bonds, .... 
Richmond (Va.) city bonds, 
Wilmington & Northern Railroad bonds, 
Underwriters 1 Salvage Company of N. Y., 



and Bonds. 

Par Value. 

$ 84,000 00 
25,000 00 
4,000 00 
40,000 00 
75,000 00 
30,000 00 
25,000 00 

100,000 00 
50,000 00 

100,000 00 
50,000 00 
30,000 00 
31,300 00 
40,000 00 
25,000 00 
40,000 00 
40,000 00 
1,000 00 
25,000 00 
30,000 00 
1,000 00 
15,000 00 
25,000 00 
37,000 00 
25,000 00 
1,000 00 



Market Value. 

$103,465 00 
26,265 00 

4,160 00 
41,600 00 
76,500 00 
30,450 00 
26,250 00 
98,000 00 
50,000 00 
101,000 00 
47,500 00 
30,450 00 
25,979 00 
40,000 00 
25,500 00 
42,000 00 
40,800 00 

1,100 00 
25,937 50 
30,900 00 
500 00 
15,000 00 
24,500 00 
37,555 00 
26,000 00 

1,000 00 



$949,300 00 $972,411 50 



Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, . $160,000 00 

Loans on mortgage of real estate (first liens*), 135,200 00 

Interest due or accrued thereon, . . . 1,740 18 

Stocks and bonds, as per schedule, . . . 972,41150 

Cash in the office of the company, . . . 1,441 77 

Cash deposited in bank, 85,685 04 



* Value of lands mortgaged, . . . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$186,000 00 

110,000 00 

97,500 00 



190 



THE DELAWARE INSURANCE CO. 



Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents clue and accrued, .... 

Reinsurance, etc., 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



$184,826 67 

6,611 39 

670 83 

12,390 34 



11,560,977 72 
62,055 00 



$1,498,922 72 



Liabilities. 
Losses adjusted, unpaid, . . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, 
Dividends to stockholders unpaid, . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



$9,385 00 

115,983 00 

8,000 00 

455,399 88 

78,945 04 

2,740 00 

3,553 40 

97 00 

20,639 90 

16,402 86 

$711,146 08 
30,791 17 



680,354 91 

8818,567 81 

702,875 00 

$115,692 81 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash marine premiums received, 
Interest received on mortgages, 



$120,749 76 
901,455 30 

$1,022,205 06 
143,246 84 

$878,958 22 
249,830 33 

$43,922 61 
215,325 60 

$259,248 21 
48,191 22 

$211,056 99 
26,094 46 



$629,127 89 



184,962 53 
7,300 82 



THE DELAWARE INSURANCE CO. 



191 



Interest and dividends received from all other sources, . . $46,813 95 

Income from rents, 5,459 44 

Income from all other sources, 28,158 39 

Deposits received for perpetual fire risks, , $6,328 36 

Gross cash income, $901,823 02 



Expenditures. 

Cash paid for fire losses, $ 38G,809 47 

Deduct salvage and reinsurance, . . . 39,648 80 

Net cash paid for fire losses, .... 

Cash paid for marine and inland losses, . . $240,268 15 
Deduct salvage and reinsurance, . . . 20,189 66 

Net cash paid for marine and inland losses, . 

Cash paid for redemption of scrip, . 

Interest paid scrip-holders, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 

for incidentals, 

Deposits returned on perpetual fire risks, . $2,242 82 

Gross cash expenditures, 



$347,160 67 



220,078 49 

90 00 

18 00 

150,198 81 

73,382 59 

26,189 72 

79,046 62 



$896,164 90 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 
Perpetual risks in force (not included 
above), . . . . . 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . . 



$65,788,824 00 
71,473,905 00 

$137,262,729 00 
63,021,181 00 

$74,241,548 00 
6,320,432 00 



$67,921,116 00 

$3,242,450 00 

$10,607,544 00 
37,106,403 00 

$47,713,947 00 
36,079,476 00 

$11,634,471 00 
119,601 00 



Premiums. 

$800,830 53 
901,455 30 

51,702,285 83 
773,816 35 

$928,469 48 
86,389 92 

$842,079 56 

$83,100 04 

$35,844 05 
215,325 60 

$251,169 65 
229,242 56 

$21,927 09 
1,606 87 



$11,514,870 00 $20,320 22 



192 



THE DETROIT FIRE AND MARINE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 

Fire losses incurred during the year 

Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$29,664,602 00 

17,723,865 00 

339,677 00 

164,606 00 

2,486,901 00 

46,725 00 



"THE DETROIT FIRE AND MARINE INSURANCE COMPANY," 

DETROIT, MICH. 

[Incorporated Feb. 1, 1866. Commenced business March 14, 1866.] 

Paid-up Capital, $400,000. 

WILLIAM A. MOORE, President. C. L. ANDREWS, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Ft. Wayne & Belle Isle Railroad bonds, . . $25,000 00 $25,400 00 
Au Sable, Mich , bonds, 6,000 00 6,000 00 



Securities held as collateral for cash loans : 
Mortgages assigned, 

Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due and accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Casli deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, . 
Rents, reinsurance, etc., .... 
Premiums more than 3 months due, $4,008 56 
Gross assets, 



$31,000 00 $31,400 00 

Market Value. Loaned Thereon. 

$4,200 00 $1,500 00 

31, 1894. 

$68,717 66 

984,757 75 

40,008 26 

31,400 00 

1,500 00 

2,344 60 

26,295 91 

525 06 

35,264 01 

5,798 47 

6,675 18 



$1,203,286 90 



Liabilities. 

Losses adjusted, unpaid, $3,152 85 

Losses claimed and reported, .... 21,651 85 

* Value of lands mortgaged, $1,380,606 00 

Value of buildings thereon 1,153,917 00 

Amount of insurance held as collateral, 707,207 00 



THE DETROIT FIRE AND MARINE INSURANCE CO. 



193 



Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Commissions and brokerage, . . 
Return premiums, ..... 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



$2,178 30 

184,576 00 

130 35 

4,790 41 

2,590 43 



$219,070 19 



$984,216 71 
400,000 00 



Surplus over capital, $584,216 71 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, , 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, 



Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from profit and loss account, 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, .... 

Cash paid for marine and inland losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, . 
for incidentals, 



$47,764 02 
286,996 34 

$334,760 36 
39,857 85 

$294,902 51 
50,709 72 

$6,348 05 
53,118 71 

$59,466 76 
5,213 19 

$54,253 57 
9,418 37 



sources, 



$244,192 79 



44,835 20 

54,774 39 

8,150 93 

795 59 

351 36 



$353,100 26 



$122,306 72 
42,835 49 
40,000 00 
35,006 80 
21,954 23 
20,518 10 
20,281 47 



Gross cash expenditures, ....... $302,902 81 



194 



EQUITABLE FIRE AND MARINE INSURANCE CO. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 



£27,874,497 00 
23,951,718 00 



Premiums. 

$327,213 30 
286,996 33 



$51,826,215 00 
23,665,567 00 



$6 14,209 63 
274,924 02 



128,160,648 00 $339,285 61 



$195,815 00 

2,599,847 00 

$2,795,662 00 

2,640,254 00 



$8,522 47 
53,118 71 



f61,641 18 
38,748 16 



$155,408 00 $22,893 02 



Miscellaneous 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$6,078,379 00 

3,120,467 00 

126,940 00 

35,145 00 

731,000 00 

40,000 00 

103,880 00 



"EQUITABLE FIRE AND MARINE INSURANCE COMPANY," 

PROVIDENCE, R. I. 

[Incorporated May, 1S59. Commenced business September, I860.] 

Paid-vp Capital, $300,000. 

FRED. W. ARNOLD, President, JAMES E. TILLLNGHA3T, Stcrttary. 



Detailed Statement of Stocks and Bonds. 

Tar Value. Market Yalne. 

es Old National Bank, Providence, . $50,000 00 $58,000 00 

Nat'l Bank of Commerce, Prov., . 17,000 00 16,320 00 

American National Bank, Prov., . 10,000 00 9,600 00 

Fourth National Bank, Providence, 10,000 00 12,200 00 

First National Bank, Warren, . . 10,000 00 9,000 00 

Third National Bank, Providence, . 1,800 00 00 

N. Y. Central and Hud. River R.R., 20,000 00 19,850 00 

Illinois Central Railroad, . . 20,000 00 16,700 00 

Chic, Rock I. & Pacific Railroad, . 10,000 00 6,200 00 

Chic , Burl. & Quincy Railroad, . 10,700 00 7,597 00 

Michigan Central Railroad, . . 10,000 00 - 00 

Rhode Island & Mass. Railroad, . 5,000 00 5,000 00 

Wells, Fargo & Company Express, 5,000 00 5,500 00 



500 


shai 


340 


*i 


200 


i< 


100 


M 


100 


U 


18 


M 


200 


M 


200 


M 


100 


tt 


107 


(( 


100 


it 


50 


ii 


50 


tl 



EQUITABLE FIRE AND MARINE INSURANCE CO. 



195 



5 shares Underwriters 1 Salvage Corps, . 
Union Pacific Railroad bonds, . 
New York Elevated Railroad bonds, 
Pawtuxet Valley Railroad bonds, . 
Quincy, Alton & St. Louis Railroad bonds, 
Milwaukee City Railroad bonds, 
National Water Works bonds, . 
Chicago, Burlington & Quincy Railroad bonds, 



Securities held as collateral for cash loans : - 
20 shares Mechanics 1 Nat 1 ! Bank, Providence, 



Par Value. 

$500 00 
25,000 00 
28,000 00 
22,000 00 
10,000 00 

5,000 00 
10,000 00 

3,000 00 



Market Value. 

$500 00 

26,290 00 

30,170 00 

24,640 00 

10,200 00 

5,250 00 

7,500 00 

3,255 00 



$283,000 00 |285,372 00 



Market Value. 

$1,060 00 



Loaned Thereon. 

$800 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Loans on collateral security, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Premiums in course of collection (gross), 
Rents due and accrued, 
Gross assets,f . . 



31, 1894. 

$129,900 00 

93,050 00 

627 00 

285,372 00 

800 00 

2,228 26 

17,093 94 

36,378 56 

1,307 00 



$566,756 76 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and repored, 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Dividends to stockholders, unpaid, . 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, . 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



$3,189 00 

19,208 00 

1,575 00 

179,071 87 

860 50 

500 00 

1,536 77 

2,676 82 

1,036 06 

215 00 

77 18 



209,946 20 

$356,810 56 
300,000 00 



$56,810 56 



* Value of lands mortgaged, . . 
Value of buildings thereon, . . 

Amount of insurance held as collateral, 



$110,800 00 

149,100 00 

91,450 00 



t Including $35,000 special reserve fund held under Rhode Island law. 



196 



EQUITABLE FIRE AND MARINE INSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 

Net cash marine premiums received, . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$34,081 51 
296,508 21 

$330,589 72 
36,296 93 

$294,292 79 
45,738 65 

$76 67 
1,178 77 

$1,255 44 
81 63 

$1,173 81 
79 45 



$248,554 14 



1,094 36 

5,588 79 

14,228 30 

6,168 60 



Gross cash income, $275,634 19 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash paid for marine and inland losses, 
Cash dividends paid, 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

for expenses on real estate, . 

Gross cash expenditures, .... 



$137,882 94 
2,187 28 



$135,695 66 

185 44 

17,988 50 

47,935 08 

22,812 71 

9,693 24 

17,270 70 

2,362 34 

$253,943 67 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

.$31,374,562 00 $364,773 39 
. 24,614,961 00 296,508 21 



Total, 

Deduct risks expired and terminated, 

In force at end of year, , 
Deduct amount reinsured, 

Net amount in force, . , . 



.$55,989,523 00 $661,281 60 

. 25,037,043 00 294,473 83 

. $30,952,480 00 $366,807 77 

969,292 00 11,093 83 



.$29,983,188 00 $355,713 89 



FARRAGUT FIRE INSURANCE CO. 



197 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 



$8,463 00 
144,305 00 

$152,768 00 
132,083 00 



$20,685 00 



Premium s. 

$147 67 
1,178 77 



$1,326 44 
898 73 



$427 71 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$5,014,361 00 

3,313,257 00 

129,244 00 

385 00 

542,000 00 

18,000 00 

64,050 00 



" FARRAGUT FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated Jan. 29, 1872. Commenced business Jan. 30, 1872.] 

Paid-up Capital, $200,000. 

JOHN E. LEFFINOWELL, President. SAMUEL DARBEE, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

District of Columbia bonds, .... $105,000 00 

New York, Ontario & Western R.R. bonds, . 20,000 00 

Fourth National bank stock, .... 10,000 00 

New York Produce Exchange Bank stock, . 9,700 00 

Clinton Bank stock, 6,000 00 

Long Island Loan and Trust Company, . . 25,000 00 

People's Gas Light Company, .... 2,500 00 



Market Value. 

$119,700 00 
22,200 00 
19,000 00 
12,610 00 

6,300 00 
58,750 00 

2,125 00 



$178,200 00 $240,685 00 



Securities held as collateral for cash loans : — 

Cleveland, Cin., Chic. & St. Louis R.R stock, . 
Lake Shore & Mich. Southern R.R. stock, 
Stock Quotation Telegraph Co. bonds, . 



Market Value. Loaned Thereon. 

$425 00 ) 
675 00 S 
9,000 00 6,000 00 



$900 00 



$10,100 00 $6,900 00 



Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, . . $6,000 00 
Loans on mortgage of real estate (first liens*), 14,430 00 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$21,250 00 
8,500 00 
8,500 00 



198 



FARRAGUT FIRE INSURANCE CO. 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Office furniture, .... $3,500 00 
Gross assets, 

Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Due for Reinsurance, 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 

Surplus over capital, . 

Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 



Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 
Income from profit and loss account, 

Gross cash income, . . , 



other 



$250 53 

240,685 00 

6,900 00 

1,154 60 

22,357 20 

86 25 

24,696 60 

107 42 



$3,912 33 

10,872 55 

250 00 

$15,034 88 
616 54 

$14,418 34 

76,808 96 

516 00 

600 00 

2,255 86 

318 91 

1,605 68 



$31,656 58 
1,543 91 

$30,112 67 
183,564 87 

$213,677 54 
24,696 60 

$188,980 94 
36,369 05 



sources, 



$316,667 60 



96,523 75 

$220,113 85 
200,000 00 

$20,143 85 



$152,611 89 

1,115 53 

9,234 33 

414 62 

36 91 

$163,413 28 



FIRE ASSOCIATION OF PHILADELPHIA. 



199 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employe 

for State and local taxes, 

for incidentals, .... 

Expenses on real estate, .... 



Gross cash expenditures, ....... $174,150 95 



$112,237 21 
11,158 80 



es, 



$101,078 41 
11,000 00 
30,095 11 
17,036 00 
3,820 74 
10,883 10 
237 59 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

.$23,216,013 00 $233,291 85 
. 15,278,534 00 183,564 87 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $38,494,547 00 $416,856 72 
. 19,341,375 00 212,412 31 



. $19,153,172 00 $204,444 41 
. 6,461,854 00 44,643 12 



. $12,691,318 00 $159,801 29 



Miscellaneous. 

Premiums received from organization of company, . . $3,437,669 00 

Losses paid from organization of company, .... 1,693,076 00 

Fire losses incurred during the year, 93,761 00 

Cash dividends declared from organization of company, . 505,000 00 

Dividends declared during the year (5-*- per cent.), . . 11,000 00 

Company's stock owned by directors, . . . . . 67,400 00 



"FIRE ASSOCIATION OF PHILADELPHIA," PHILADELPHIA, PA. 

[Incorporated March 27, 1820. Commenced business Sept. 1, 1817.] 

Paid-up Capital, $500,000. 

E. C. IRVIN, President. BENJAMIN T. HERKNESS, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

$372,900 00 $428,835 00 

1,500 00 1,770 00 

3,000 00 3,000 00 

25,000 00 28,500 00 

125,000 00 153,750 00 

53,500 00 53,500 00 

25,000 00 27,500 00 



City of Philadelphia bonds, 
City of Camden bonds, 
City of Clay Centre bonds, 
City of Richmond certificates, 
City of Cincinnati bonds, . 
City of Altoona bonds, 
State of Georgia bonds, . 



200 



FIRE ASSOCIATION OF PHILADELPHIA. 



Northern Central Railway bonds, . 
Catawissa Railroad bonds, . . . 
Lehigh Valley Railroad bonds, 
Shamokin Valley & Pottsville Railroad bonds 
Philadelphia & Erie Railroad bonds, 
Belt Railroad & Stock Yards bonds, 
Louisville & Nashville Railroad bonds, . 
Texas & Pacific Railroad bonds, 
Camden & Atlantic Railroad bonds, 
Pennsylvania Railroad bonds, . 
Cincinnati, Hamilton & Dayton R.R. bonds, 
Cincinnati, Dayton & Ironton Railroad bonds, 
Chicago, Rock Island & Pacific Railroad bonds 
Northern Paci6c Railroad bonds, 
Philadelphia & Reading Railroad bonds,. 
Central Car Trust Company bonds, . 
Ohio River Railroad bonds, 
Port of Portland, Oregon, bonds, . . 
Baltimore & Ohio Equipment Asso. bonds, 
Pennsylvania & New York Canal bonds, 
Lehigh Coal & Navigation Company bonds, 
Chamber of Commerce Association bonds, 
Masonic Temple loan, . . . 
Peoria Mercantile Library Association bonds, 
Underwriters 1 Pro. Asso. of Newark, N.J., bonds 
Evansville & Terre Haute Railroad bonds, 
Philadelphia City Passenger Railway bonds, 
1,230 shares Pennsylvania Railroad Co. stock, 

331 " Phila., Germant'n & Norrist'n RR 
70 " Chestnut Hill Railroad stock, 
20 " Philadelphia Bourse, . 
5 *' Underwriters' Salvage Company 

261 " Company's own stock, $83,520 00 



Par Value. 

1168,000 00 

10,000 00 

132,000 00 

20,000 00 

100,000 00 

50,000 00 

84,000 00 

13,000 00 

30,000 00 

108,000 00 

20,000 00 

25,000 00 

25,000 00 

34,000 00 

20,000 00 

26,000 00 

25,000 00 

39,000 00 

25,000 00 

8,000 00 

100,000 00 

4,000 00 

20,000 00 

9,000 00 

1,000 00 

50,000 00 

50,000 00 

61,500 00 

16,550 00 

3,500 00 

1,000 00 

500 00 



Market Valne. 
$ 198,240 00 

11,450 00 
164,700 00 
23,400 00 
118,000 00 
52,500 00 
97,440 00 
13,910 00 
32,100 00 
135,560 00 
21,000 00 
25,437 50 
26,187 50 
38,332 50 
14,800 00 
26,000 00 
25,000 00 
43,680 00 
25,000 00 

8,320 00 
132,500 00 

4,000 00 
20,000 00 

9,000 00 

1,000 00 
47,500 00 
53,50) 00 
62,730 00 
43,692 00 

9,240 00 
500 00 
500 00 



$1,884,950 00 $2,182,074 50 



Securities held as collateral for cash loans : — 

30 shares Union National Bank, . 
Portland University bonds, .... 
200 shares Lehigh Coal & Navigation Co., 
Fort Worth & Rio Grande Railroad bonds, 
100 shares. Pittsburgh & Birraing'm Tract'n Co., 
Ohio River Railroad bonds, .... 
Savannah & Western R.R. trust certificates, . 
Fort Worth & Rio Grande Railroad bonds, 
100 shares Pennsylvania Railroad stock, . 
70 shares Pittsburgh & Binning' m Tract'n Co , 
Savannah & Western Railroad bonds, 
150 shares Catawissa Railroad Company stock, 
13 shares Company's own stock, . $2,600 00 



Market Value. Loaned Thereon. 



§2,100 00 

18,720 00 
9,200 00 ^ 

11,650 00 j 
1,275 00 }> 
5,530 00 | 
1,650 00 J 

11,650 001 
5,025 00 [ 



$1,850 00 
10,000 00 



25,000 00 



892 50 



1,080 00 j 
7,500 00 



15,000 00 



2,000 00 



FIRE ASSOCIATION OF PHILADELPHIA. 



201 



Pennsylvania General Mortgage bonds, 
North Pennsylvania Railroad bonds, 
Northern Pacific Railroad bonds, 
444 shares Merchants' National Bank, 
176 " Pennsylvania Railroad, . 
100 " Diamond State Iron Company, 
37 " United New Jersey Railroad, . 
600 " Pitts. & Birmingham Traction Co. 
700 " Chartiers Valley Gas Company, 
100 " Pennsylvania Railroad stock, . 



Summary of Assets Dec 
Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Reinsurance, 

Salvage, 

Gross assets, ..... 
Deduct special deposits in other States, . 



► $30,000 00 



Market Value. Loaned Thereon. 
$2,620 00 ^ 

1,245 00 

1,030 00 

30,192 00 

8,844 00 

10,000 00 

8,695 00 J 

7,650 00^ 

7,175 00 y 15,000 00 

5,025 00 j 



Liabilities. 



Balance, 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, ..... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, 

Surplus over capital, 



$158,748 50 

31, 1894. 

$177,900 00 

1,843,846 60 

39,919 00 

2,182,074 50 

98,850 00 

7,014 76 

237,245 78 

22,470 62 

487,012 51 

6,894 81 

1,706 76 



$98,850 00 



- $5,104,935 34 
108,700 00 

. $4,996,235 34 



$136,383 82 

120,113 38 

26,303 43 

$282,800 63 
10,977 26 

$271,823 37 

1,716,020 40 

1,906,850 43 

76,922 00 

59,426 32 

45,050 66 

$4,076,093 18 
46,019 63 



4,030,073 55 

$966,161 79 
500,000 00 

$466,161 79 



202 



FIRE ASSOCIATION OF PHILADELPHIA. 



Income. 
Fire premiums outstanding Dec. 31, 1893 
Premiums on risks written or renewed, 



Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, etc., . 

Deposits received for perpetual fire risks, 

Gross cash income, . 

Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employe 
for State and local taxes, 
for incidentals, . 

Deposits returned on perpetual fire risks, 



Gross cash expenditures, 



$457,951 57 
2,853,004 08 

$3,310,955 65 
487,012 51 

$2,823,943 14 
569.440 50 



sources, 



$2,254,502 64 

103,058 99 

122,592 22 

3,126 08 



$55,748 58 



. £2,483,279 93 



$1,479,458 37 
67,082 19 



es, 



$1,412,376 18 

200,000 00 

453,008 07 

277,716 18 

50,032 31 

1,000 66 



*45,259 10 



$2,394,133 40 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1893, . . £255,894,626 00 $3,239,104 11 



Fire risks written during 1894, 



Total 

Deduct ri^ks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force $308,029,715 00 $3,322,886 87 

Perpetual risks in force (not included above), 86,244,278 00 2,064,812 51 



268,902,611 00 2,794,321 37 



$524,797,237 00 £6,033,425 48 
207,694,823 00 2,599,392 43 



. $317,102,414 00 £3,434,033 05 
9,072,699 00 111,146 18 



Miscellaneous. 
Premiums received from organization of company, . 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (40 per cent.), . 



£35,662,967 00 

20,758,226 00 

1,245,779 00 

4,77'J.762 00 

. .',000 00 



THE FIRE INSURANCE CO., COUNTY OF PHILADELPHIA. 203 



"THE FIRE INSURANCE COMPANY OF THE COUNTY OF 
PHILADELPHIA;' PHILADELPHIA, PA. 

[Incorporated May 31, 1832. Commenced business April 19, 1833.] 

Paid-up Capital, $400,000. 

CHARLES R. PECK, President. E. A. LAW, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Jersey City bonds, $9,000 00 $ 9,720 00 

Lehigh Valley R.R. bonds, .... 13,000 00 16,122 50 

Delaware and Bound Brook R.R. bonds, . . 24,000 00 30,720 00 

North Pennsylvania R.R. bonds, . . . 12,000 00 12,510 00 

Catawissa R.R. bonds, 4,000 00 4,580 00 

Pennsylvania Company bonds, . . . 5,000 00 5,300 00 

Pennsylvania & N. Y. Canal and R.R. bonds, . 10,000 00 11,600 00 

11 shares Elmira & Williamsport R R , . . 550 00 550 00 

Hunt. & Broad Top R.R. and Canal Co , . . 10,500 00 10,815 00 

Pittsburgh, Cincinnati & St. Louis R.R. bonds, 20,000 00 23,200 00 

American Steamship Company bonds, . . 4,500 00 4,657 50 

West Jersey Railroad bonds, .... 7,000 00 7,280 00 

New York Car Trust bonds, .... 2,000 00 2,000 00 

United New Jersey R.R. and Canal Co., . . 20,000 00 22,800 00 

Philadelphia & Erie Railroad bonds, . . 10,000 00 11,800 00 

Pennsylvania Railroad bonds, . . . . 11,000 00 14,410 00 

Junction Railroad bonds, 7,000 00 7,840 00 

Camden & Atlantic Railroad bonds, . . 4,000 00 4,280 00 

Belvidere Delaware Railroad bonds, . . 1,000 00 1,092 50 

Connecting Railway bonds 3,000 00 3,517 50 

264 shares Phila , Ger. & Norristown R.R., . 13,200 00 34,584 00 

City of Camden bonds 1,000 00 1,150 00 

Pennsylvania Railroad bonds, .... 6,000 00 7,080 00 

150 shares United Companies of New Jersey, 15,000 00 35,250 00 

205 shares Germantown Passenger Ry. Co , . 10,250 00 23,165 00 

Schuylkill River East Side Railroad bonds, . 15,000 00 16,425 00 

Pennsylvania Steel Co. bonds, .... 15,000 00 14,250 00 

Baltimore & Ohio Equipment Asso. bonds, . 12,000 00 12,000 00 

100 shares 2d and 3d Streets Passenger R.R., . 5,000 00 21,500 00 

Pennsylvania & Northwestern Railroad, . . 10,000 00 10,250 00 

220 shares Pennsylvania Railroad Co., . . 11,000 00 11,220 00 

Lehigh Valley Railway bonds, . . . 25,000 00 25,875 00 

69 shares Nat'l B'k of the Northern Liberties, 3,450 00 11,385 00 

Lehigh Valley Railroad bonds, . . . 5,000 00 6,200 00 

186 shares Elec. Traction Co. of Philadelphia, 7,440 00 14,322 00 

100 " Solicitors 1 Loan & Trust Co., . . 5,000 00 6,000 00 

104 " North Pennsylvania Railroad Co., . 5,200 00 8,944 00 

Philadelphia City Pass. Ry. Co. bonds, . . 3,000 00 3,240 00 

Lombard & South St. Pass. Ry. Co. bonds, . 3,000 00 3,000 00 



204 THE FIRE INSURANCE CO., COUNTY OF PHILADELPHIA. 



20 shares 13th & 15th streets Pass. Ry. Co., 

Newark Pass. Ry. Co. bonds, . 

28 shares Bank of North America, Phil a., 

10 shares First Nat'l Bank of Philadelphia, 

Huntingdon & Broad Top Car Trust Fund, 

Northern Central Railway Co. bonds, 

30 shares Frankfd & Southw'k P.C.P. R.R. Co., 



Par Value. 
$ 1,000 00 

5,000 00 
2,800 00 
1,000 00 
5,000 00 
1,000 00 
1,500 00 



Market Value. 
$4,600 00 

5,100 00 
7,392 00 
2,100 00 
5,000 00 
1,145 00 
9,975 00 



$365,390 00 $505,977 00 



Securities held as collateral for cash loans : — 

Arkansas Branch, St. Louis & Iron Mt. R.R., . 
Reading Terminal bonds, .... 
500 shares Phila. & Reading R.R. Co., . 
Schuylkill River East Side R.R. Co., 



Market Value. 
$5,000 00^ 

5,150 00 J 
3,312 50 ( 
5,475 00 j 



Loaned Thereon. 



[ $16,242 00 



$18,937 50 $16,242 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Perpetual deposits in other companies, . 
Gross assets, 



31, 1894. 

$67,500 00 

207,500 00 

3,143 08 

505,977 00 

16,242 00 

205 79 

16,341 91 

399 83 

21,066 49 

412 33 

5,365 26 



$844,153 69 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 



* Total value of property mortgaged, . 
Amount of insurance held as collateral 



$9,831 15 
4,313 00 
2,333 33 

$16,477 48 
1,603 82 

$14,873 66 

79,156 49 

229,579 75 



$-110,750 00 
176,200 00 



THE FIRE INSURANCE CO., COUNTY OF PHILADELPHIA. 205 



Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, . 



$4,047 58 
10,238 61 



$337 ,896 09 

$506,257 60 
400,000 00 



Surplus over capital, $106,257 60 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 

Income from rents, 

Income from perpetual premiums, .... 



$27,505 80 
172,519 45 

$200,025 25 
21,066 49 



$178,958 76 
50,185 12 



Gross cash income, 



$128,773 64 

9,372 86 

27,734 57 

1,961 96 

418 71 

$168,261 74 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$109,972 31 
11,573 67 



Gross cash expenditures, . 



,398 64 

24,000 00 

24,586 70 

10,255 72 

5,160 75 

7,069 22 

$169,471 03 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 



. $18,964,875 00 
. 14,595,782 00 



$33,560,657 00 
18,174,288 00 

$15,386,369 00 
1,791,513 00 



Premiums. 

$224,752 36 
172,519 45 

$397,271 81 
213,555 89 

$183,715 92 
19,686 57 



Net amount in force, .... 
Perpetual risks in force (not included 

above), $10,486,857 00 



$13,594,856 00 $164,029 35 



$253,513 41 



206 



FIREMAN S FUND INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the } T ear (6 per cent.), 
Company's stock owned by directors, 



$2,425,690 00 

1,600,13.5 00 

93,571 00 

636,408 00 

24,000 00 

72,100 00 



"FIREMAN'S FUND INSURANCE COMPANY," SAN FRANCISCO, 

CAL. 

[Incorporated May 3, 1863. Commenced business June 18, 1863.] 

Paid-up Capital, $1,000,000. 

D. J. STAPLES, President. BERNARD FAYMONVILLE, Secretary. 



Detailed Statement of Stocks 



Omnibus Cable Company's bonds, . 
Powell Street Railway Company's bonds, 
Sutter Street Railway Company's bonds, . 
Presidio & Ferries Railroad Co.'s bonds, . 
San Francisco & North Pacific R'y Co.'s bonds, 
Oakland City Gas, Light and Heat Co.'s bonds, 
San Diego Gas and Electric Light Co.'s bonds, 
Riverside Water Company's bonds, . 
Baker City, Ore , Water bonds, 
Pacific Rolling Mills bonds, 
Baker City, Ore., School bonds, 
Palo Alto, Cal., School District bonds, 
San Pascual, Cal., School District bonds, 
Olympic Club bonds, .... 
Independence City, Ore., bonds, 
2,986 shares Home Mutual Insurance Co., 
60 

107 

100 

314 

450 ' 

600 ' 

340 ' 
1,000 ' 

550 ' 

440 ' 

550 

500 ' 

400 ' 



Bank of California, 
First National Bank, San Fran , 
Anglo-California Bank, 
Grangers' Bank of California, 
Oaklank Bank of Savings Stock, 
California Safe Dep. & Trust Co. 
Sather Banking Company, . 
California Street Cable R.R. Co. 
Presidio & Ferries Railroad Co., 
Sutter Street Railroad Company, 
Oakland Gas, Light & Heat Co., 
Spring Valley Water Company, 
Pacific Gas Improvement Co , 



and Bonds. 

Par Value. 

$125,000 00 
15,000 00 
50,000 00 
37,000 00 
20,000 00 
50,000 00 
20,000 00 
70,000 00 
17,000 00 
15,000 00 
20,000 00 
15,000 00 
12,500 00 

5,000 00 

3,000 00 
298,600 00 

6,000 00 
10,700 00 

5,000 00 
31,400 00 
22,500 00 
30,000 00 
34,000 00 
100,000 00 
30,250 00 
44,000 00 
11,000 00 
50,000 00 
20,000 00 



Market Value. 
$145,625 00 

16,800 00 
53,000 00 
37,000 00 
20,000 00 
51,250 00 
20,000 00 
70,000 00 
17,850 00 
15,600 00 
21,000 00 
15,750 00 
12,625 00 

5,000 00 

3,000 00 

600,000 00 

12,600 00 

19,260 00 

6,000 00 
25,120 00 
31,500 00 
27,600 00 
32,300 00 
100,000 00 

6,600 00 
44,000 00 
23,375 00 
48,500 00 
34,800 00 



fireman's FUND INSURANCE CO. 



207 



656 shares California Dry-Dock Company, 

500 " Pacific Rolling Mills, 

684 " Stockton Gas, Light & Heat Co., 

5 " Underwriters 1 Salvage Company, 
100 " Oakland Building and Loan Asso., 



Par Value. 

$65,600 00 

50,000 00 

10,000 00 

500 00 

1,200 00 



Market Value. 

$24,600 00 

12,500 00 

8,550 00 

500 00 

1,200 00 



$1,295,250 00 $1,563,505 00 



Securities held as collateral for cash loans : — 



Masonic Hall Association, . 
Spring Valley Water Company, . 
Bank of Sonoma County, 
Citizens' Building and Loan Asso., 
Water Company's bonds, 
Eagle Canning Company, . 
California Safe Dep. & Trust Co., 
California Title Ins. & Trust Co., 
Southern Pacific Milling Co., 
B'k of Sonoma Co., Petaluma, Cal., 
California Safe Dep. & Trust Co , 
Inyo Marble Company, 
Market Street Railway Company, 
Geary St. Park & Ocean R.R Co , 
California Safe Dep. & Trust Co., 
Stockton Natural Gas Company, . 



440 shares 


20 


u 


451 


it 


10 


it 


Blue Lakes 


50 st 


lares 


600 


ii 


50 


ii 


500 


it 


218 


ii 


400 


tt 


2,000 


tt 


1,000 


it 


500 


tt 


200 


u 


305 


It 



Market Value. 

$6,600 00 

1,940 00 

45,100 00 

810 00 

10,000 00 

1,500 00 
27,600 00 

2,500 00 
37,500 00 
21,800 00 
18,400 00 

2,000 00 

39,500 00 

* 49,000 00 

9,200 00 
22,875 00 



Loaned Thereon. 

$5,500 00 

500 00 

38,000 00 

420 00 

5,000 00 

801 65 

24,000 00 

1,750 00 

15,000 00 

16,000 00 

16,000 00 

1,000 00 

50,000 00 

7,000 00 
3,000 00 



$296,325 00 $183,971 65 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 

Cash deposited in bank 

Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents and reinsurance, .... 

Gross assets, 

Deduct special deposits in other States, . 



$428,700 00 

394,275 00 

3,700 68 

1,563,505 00 

183,971 65 

8,884 57 

236,499 84 

8,374 19 

340,250 92 

51,274 57 

21,424 72 



$3,240,861 14 
50,000 00 



Balance, $3,190,861 14 

* Value of lands mortgaged, $868,000 00 

Value of buildings thereon, 256,800 00 

Amount of insurance held as collateral, .... 167,000 00 



208 



FIREMAN S FUND INSURANCE CO. 



Liabilities. 

Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Bills payable, 

Reinsurance disallowed, .... 



Gross liabilities, except capital, 
Deduct liability on special deposits, 



$30,691 02 

117,995 29 

17,708 20 

$166,394 51 
30,194 18 

$136,200 33 
1,222,299 42 

28,090 28 
8,003 30 

77,675 39 

11,472,268 72 
28,566 84 



$1,443,701 88 



Surplus as regards policy-holders, . 
Paid-up capital, .... 



Surplus over capital, . 



. $1,747,159 26 
. 1,000,000 00 



. $747,159 26 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, . . . 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Marine premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



$320,438 93 
2,196,657 53 



$2,517,096 46 
324,587 19 

$2,192,509 27 
612,258 78 

$74,896 63 
328,623 60 

$403,520 23 
66,938 30 

$336,581 93 
150,013 16 



sources, . 



$1,580,250 49 



186,568 77 

25,145 78 

106,235 36 

18,050 14 



Gross cash income, ........ $1,916,250 54 



fireman's FUND INSURANCE CO. 



209 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$1,062,634 30 
166,464 53 

$146,640 36 
42,486 18 



$896,169 77 



104,154 18 
120,000 00 
239,402 21 
171,141 52 
31,714 25 
152,701 04 



Gross cash expenditures, . 



. $1,715,282 97 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . . , 

Marine risks outstanding Dec. 31,1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of j'ear, . 
Deduct amount reinsured, 

Net amount in force, . 



$182,254,532 00 
177,872,015 00 

$360,126,547 00 
160,495,215 00 

$199,631,332 00 
19,667,888 00 



Premiums. 

$2,397,797 97 
2,196,657 53 

$4,591,455 50 
2,007,454 30 

12,587,001 20 
301,559 91 



$179,963,444 00 $2,285,441 29 



$3,622,221 00 

32,170,090 00 

$35,792,311 00 

31,971,395 00 

$3,820,916 00 

1,375,787 00 



$169,448 30 

328,623 60 

$498,071 90 

348,496 38 

$149,575 52 

55,237 20 



$2,445,129 00 $94,338 32 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, .... 



$26,829,912 00 

13,522,675 00 

852,199 00 

98,818 00 

2,416,060 00 

120,000 00 

161,900 00 



210 



FIREMEN'S INSURANCE CO. OF NEWARK, N. J. 



"FIREMEN'S INSURANCE COMPANY OF NEWARK, N. J., M 

NEWARK, N. J. 

[Incorporated Dec. 3, 1855. Commenced business Dec. 3, 1855.] 

Paid-up Capital, $600,000. 

JOHN H. KASE, President. CHA8. COLYER, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

Morris & Essex Railroad bonds, 
Orange & Newark Railroad bonds, . 
Essex Pass. Railway bonds, 
Montclair Gas & Water Company bonds, 
East Orange Township bonds, . 
Underwriters' Prot. Association bonds, . 
United N. J. Railroad & Canal Co. stock, 
Delaware, Lack. & Western Railroad stock, 
Morris & Essex Railroad stock, 
Newark City National Bank stock, . 
Second National Bank stock, . 
National Newark Banking Company stock, 
National State Bank stock, 
Essex County National Bank stock, . 
German National Bank stock, . 
Manufacturers 1 National Bank stock, 
Newark Electric Light & Power Company, 
Newark Fire Insurance Company stock, . 
Paterson Gas Light Company stock, 
Newark Gas Light Company stock, . 
Citizens' Gas Light Company stock, 
Newark & Rosendale Cement Co. stock, . 



and Bonds. 

Par Value. 

$30,000 00 
50,000 00 
40,000 00 
24,000 00 

5,000 00 
644 58 

1,000 00 
13,900 00 
60,000 00 
70,000 00 
20,000 00 
20,000 00 
20,000 00 
32,500 00 
20,000 00 

4,200 00 
10,000 00 

6,000 00 

5,000 00 
10,000 00 
11,000 00 
11,850 00 

4,000 00 



Market Valne 

132,062 50 

69,500 00 
44,000 00 
26,400 00 

5,000 00 
644 58 

1,000 00 
32,666 00 
96,000 00 
113,400 00 
31,000 00 
28,000 00 
33,000 00 
48,750 00 
50,000 00 

8,190 00 
14,400 00 

6,960 00 

7,000 00 
12,000 00 
30,250 00 
23,700 00 

2,800 00 



$469,094 58 $716,722 08 



Summary of Assets Dec 31, 1894. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Salvage due (since received), . 
Premiums more than 3 months due, $272 6 
Gross assets, 



$122,476 39 

956,861 00 

13,882 10 

716,722 08 

3,192 52 

42,623 87 

6,538 00 

22,899 32 

475 67 

280 20 



$1,555,951 15 



* Total value of property mortgaged, . 
Amount of ineuiance held as collateral, 



*J,2S5,425 
1,266,260 



FIREMEN S LNSURANCE CO. OF NEWARK, N. J. 



211 



Liabilities. 

Losses adjusted, unpaid, $3,237 10 

claimed and reported, . . . 15,444 37 

disputed or resisted, . . . 6,845 81 

Total amount of losses, . ... . . $25,527 28 

Less reinsurance, 330 00 

Net amount of unpaid losses, .... $25,197 28 

Unearned premiums on outstanding risks, . 243,577 23 

Unpaid scrip, ordered to be redeemed, . . 1,909 00 

Interest due or accrued on scrip, . . . 501 75 

Commissions and brokerage, .... 8,563 98 

Return premiums and reinsurance, . . . 1,883 66 

Reinsurance disallowed, 274 70 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 

Surplus over capital, . 

Income. 
Fire premiums outstanding Dec. 31, 1893, . f41,790 23 
Same not collected, 1,408 12 

Net collected $40,382 11 

Premiums on risks written or renewed, , . 326,242 96 

Total, f366,625 07 

Premiums now in course of collection, . . 23,171 93 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources,. 

Gross cash income, .... 

Expenditures 
Cash paid for fire losses, $207,191 75 

Deduct salvage and reinsurance, . . . 8,604 45 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local, taxes, . 

for incidentals, . . , 

for expenses on real estate, . 

Gross cash expenditures, . 



$276,907 50 

$1,609,043 65 
600,000 00 

$1,009,043 65 



$343,453 14 
56,811 99 



sources, 



$286,641 15 

50,715 21 

36,977 01 

8,669 45 

27 35 

$383,030 17 



$198,587 30 
72,000 00 
48,938 62 
21,462 60 
13,949 57 
19,555 54 
1,028 64 

1375,522 27 



212 FRANKLIN FIRE INSURANCE CO. OF PHILADELPHIA. 



Risks and Premiums. 

Premiums. 

Fire ri|ks outstanding Dec. 31, 1893, . . $69,548,535 00 $603,652 25 
Fire risks written during 189-4, . . . 30,269,292 00 326,242 96 



Total $99,817,827 00 $929,895 21 

Deduct risks expired and terminated, . . 44,111,810 00 424,752 11 



In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$55,706,017 00 $505,143 10 
806,726 00 7,330 79 



.$54,899,291 00 $497,812 31 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, 



$6,802,815 00 

3,258,272 00 

183,271 00 

1,470,500 00 

72,000 00 

87,750 00 



"FRANKLIN" FIRE INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 22, 1829. Commenced business June, 1829.] 

Paid-up Capital, $400,000. 

JAMES W. MCALLISTER, President. EZRA T. CRESSON, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

City of Springfield, 111., bonds, , , . $9,000 00 $9,000 00 

City of Sandusky, O., bonds 55,000 00 62,150 00 

10 shares Philadelphia Bourse stock, . . 500 00 250 00 

City of Camden, N. J., bonds, .... 40,000 00 40,000 00 

Pittsburgh, Chartiers & Youghiogheny R.R., . 50,000 00 55,000 00 

Allegheny Valley Railroad bonds, . . . 75,000 00 80,062 50 

Pennsylvania Railroad bonds, .... 70,000 00 82,600 00 

Shamokin, Snnbury & Lewisburg bonds, . . 10,000 00 10,000 00 

Chartiers R. XV. bonds, 6,000 00 7,215 00 

Pennsylvania Equipment Trust bonds, . , 1,000 00 1,000 00 

Delaware River Ferry bonds, .... 10,000 00 10,300 00 

Penn & New York Canal & R.R. bonds, . . 38,000 00 47,595 00 

Wilmington & Weldon Railroad bonds, . . 50,000 00 52,500 00 

Pennsylvania Equipment Trust bonds, . . 11,000 00 11,000 00 

Jacksonville, Louisville & St. Louis Railroad, 11,000 00 5,500 00 

Lehigh Valley Railroad bonds, . . . 11,000 00 11,880 00 



FRANKLIN FIRE INSURANCE CO. OF PHILADELPHIA. 213 



Huntington & Broad Top Railroad, . . 

North Pennsylvania Railroad bonds, 

50 shares Independence National Bank, . 

Philadelphia city bonds, . . 

Lehigh Valley Railroad bonds , 

Huntington & Broad Top Railroad bonds, 

Pennsylvania Railroad bonds, . 

West Jersey Railroad bonds, . 

Penn. & New York Canal & R.R. bonds, . 

Phila., Wilmington & Baltimore R.R. bonds, 

Philadelphia & Erie Railroad bonds, 

50 shares First National Bank, Philadelphia, 

Belvidere Delaware Railroad bonds, 

City of Quincy, 111., bonds, . . , 

100 shares South wark National Bank, 

Gloucester County, N. J., bonds, 

Northern Pacific Railroad, 

Iowa City & Western Railroad bonds, 

National Water Works Company, New York, 

Delaware & Bound Brook Railroad bonds, 

Chicago & Western Indiana Railroad bonds, 

Pennsylvania Railroad Trust loan, . 

Columbus & Cincinnati Midland Railroad, 

125 shares Phila., Wilm. & Baltimore Railroad 

St. Paul, Minnesota & Manitoba Railroad, 

Baltimore & Potomac Railroad, 

Pennsylvania & New York Canal & Railroad 

West Jersey Railroad bonds, . 

Hest. Mantua & Fairmount Pass. Railway, 

Connecting Railroad bonds, 

Easton & Amboy Railroad bonds, . 

Lehigh Valley Railroad bonds, 

Elmira & Williamsport Railroad bonds, . 

Phila., Wilm. & Bait. Trust Certificate bonds, 

New York, Lackawanna & Western Railroad 

West Jersey Railroad bonds, . 

New York Central Railroad bonds, . 

Harrisb'g, Portsm'th, Mt. Joy & Lan. R.R., 

Lehigh Coal & Navigation Company bonds, 

Northern Central Railroad, 

50 shares Continental Hotel Company, . 

Steubenville & Indiana Railroad, 

Pennsylvania Salt Manufacturing Co. bonds, 

Camden & Atlantic Railroad bonds,. 

Northern Cential Railroad bonds, . 

Philadelphia & Erie Railroad bonds, 

500 shares Mine Hill & Schuylkill Haven R.R 

25 shares Penn. Co. for Ins. on Lives, etc., 

Lehigh Valley Coal Company bonds, 



Par Value. 

$29,000 00 

4,000 00 

5,000 00 
30,300 00 
47,000 00 
11,500 00 
61,000 00 

9,000 00 
10,000 00 
28,000 00 
10,000 00 

5,000 00 
21,000 00 
19,000 00 

5,000 00 
15,000 00 

6,000 00 
20,000 00 
25,000 00 

8,000 00 
11,000 00 
30,000 00 
25,000 00 

6,250 00 

2,000 00 
123,000 00 
37,000 00 
14,000 00 
10,000 00 
20,000 00 
25,000 00 
40,000 00 
10,000 00 
25,000 00 
25,000 00 
25,000 00 
25,000 00 
25,000 00 
10,000 00 
15,000 00 

5,000 00 
60,000 00 
47,000 00 
14,000 00 
14,000 00 
10,000 00 
25,000 00 

2,500 00 
20,000 00 



Market Value. 

$29,000 00 

4,190 00 

6,250 00 

30,527 25 

55,860 00 

11,845 00 

80,310 00 

9,405 00 

10,900 00 

28,500 00 

10,250 00 

10,500 00 

22,050 00 

19,000 00 

10,700 00 

15,000 00 

6,000 00 

21,000 00 

25,000 00 

8,400 00 

12,100 00 

30,000 00 

21,875 00 

6,875 00 

2,240 00 

151,425 00 

37,740 00 

15,820 00 

10,075 00 

22,650 00 

27,125 00 

43,200 00 

10,400 00 

26,000 00 

33,500 00 

29,000 00 

25,625 00 

26,125 00 

10,550 00 

16,875 00 

7,000 00 

65,400 00 

47,705 00 

16,590 00 

14,420 00 

11,800 00 

34,500 00 

12,150 CO 

20,600 00 



214 FRANKLIN FIRE INSURANCE CO. OF PHILADELPHIA. 



Par Value. Market Value. 

Baltimore & Ohio Railroad bonds, . . . $25,000 00 $25,250 00 

Northern Central Railroad bonds, . . . 35,000 00 38,720 00 

River Front Railroad bonds 16,000 00 10,000 00 

Camden & Atlantic Railroad bonds, . . 11,000 00 11,550 00 

Borough of Beaver, Penn., bonds, . . . 23,400 00 24,570 00 

Philadelphia & Reading Railroad, . . . 91,000 00 101,165 00 

St. Louis,Vandalia & Terre Haute R.R. bonds, 14,000 00 14,700 00 

Pitts., Cincinnati & St. Louis R.R. bonds, . 52,000 00 60,320 00 

City, of Columbus, O., water works bonds, . 25,000 00 25,750 00 

Lehigh Valley Railroad bonds, . . . 100,000 00 110,200 00 

Girard Point Storage bonds, .... 50,000 00 42,500 00 

Susquehanna Coal Company bonds, . . 10,000 00 11,700 00 

Borough of Sewickly, Penn., school bonds, . 25,000 00 26,250 00 

Dayton, O., city bonds, . . . . . 25,000 00 28,850 00 

Philadelphia & Baltimore Central R.R. bonds, ' 1,000 00 1,060 00 

Monongahela City, Pa , sewer and street bonds, 18,000 00 19.260 00 

Columbus, O., city bonds, 25,000 00 26,000 00 

Warren & Franklin R. W. Co. bonds, . . 15,000 00 15,600 00 

Pitts., Cincinnati & St. Louis Railroad, . . 7,000 00 8,120 00 

Jacksonville & Southern R. W., . . . 4,000 00 3,000 00 

Baltimore & Ohio Railroad, .... 13,000 00 15,990 00 



$2,102,450 00 f 2,3 16,659 75 



Securities held as collateral for cash loans 

Citizens' Pass. R. W., Indianapolis, Ind., . 
300 shares Central Railroad of New Jersey, 
300 " Insurance Co. of North America, 
100 " Philadelphia Traction Company, 
400 " Philadelphia Traction Company, 
150 " Record Publishing Company stock 
Record Publishing Company bonds, 
57 shares 13th & 15th Streets Pass. RVay Co. 
Western New York & Pennsylvania R R., 
Philadelphia & Reading Railroad Co. bonds, 
Newark Passenger & Railway Company, 
Pennsylvania Canal Company, 
700 shares Union Pacific, Denver & Gulf R R 
700 " Philadelphia & Reading Railroad, 
400 " North American Company, 
250 " Northern Pacific Railroad, 
200 " Texas & Pacific Railroad, 
200 " Pitts., Cin., Chic. & St. Louis R.R., 
100 " Wheeling & Lake Erie Railroad, 
100 " Lake Erie & Western Railroad, 
236 " Louisville, New Albany & Chi. R.R 
65 " Atchison, Topeka & Santa Fe R.R 
20 " Lehigh Coal & Navigation Co , 
10 " United Gas Improvement Co., 



Market Value. 

$12,750 OO^j 

26,700 00 

6,150 00 ( 

9,900 00 j 

39,600 00 

18,000 00 

15,000 00 

13,110 00 

2,500 00^1 

2,520 00 

2,040 00 

600 00 

2,100 00 

4,550 00 

1,200 00 

875 00 

1,800 00 

3,000 00 

950 00 

1,600 00 

2,330 50 

260 00 

960 00 

725 00 J 



Loaned Thereon. 

$45,000 00 

25,000 00 

12,500 00 

10,000 00 

10,000 00 



)> 25,000 00 



FRANKLIN FIRE INSURANCE CO. OF PHILADELPHIA. 215 



Philadelphia & Reading Railroad Company, 
Texas & Pacific Railroad Company, 
Northern Pacific Railroad Company, 
Perkiomen Railroad Company, 
Newark Passenger Railway Company, . 
750 shares North American Company, 

Philadelphia & Reading R.R. Co., 
Northern Pacific Railroad Co., 
People's Traction Company, . 
Union Pacific Railroad Company, 
Texas & Pacific Railroad Co., 
Southern Railway Company, . 
Metropolitan Traction Company, 
Baltimore Traction Company, 
Huntington & Broad Top Mt. R.R., 
Guarantee Trust & Safe Deposit, . 



600 

200 

137 

100 

100 

80 

50 

20 

20 

5 



Market Value. Loaned Thereon. 

$420 00^ 

780 00 

810 00 

980 00 
1,020 00 
2,250 00 
3,900 0<> 

700 00 
7,261 00 
1,100 00 

900 00 

840 00 
5,300 00 

330 00 

680 00 
1,025 00 J 



y $25,000 00 



197,516 50 $152,500 00 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, . . • 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Dividends to stockholders, unpaid, . 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



f 285,000 00 

250,608 00 

3,759 12 

2,316,659 75 

152,500 00 

3,933 14 

102,736 41 

567 34 

71,083 40 



$3,186,847 16 



$12,228 91 

14,118 00 

2,400 00 

$28,746 91 

2,181 58 

$26,565 33 

477,446 56 

1,218,573 06 

300 00 

9,726 14 

681 58 



1,733,292 67 

$1,453,554 49 
400,000 00 

$1,053,554 49 



* Total value of property mortgaged, . 
Amount of insurance held aa collateral, 



$834,745 00 
436,733 00 



216 FRANKLIN FIRE INSURANCE CO. OF PHILADELPHIA. 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, 



Gross cash income, 



Expenditures. 
Cash paid for fire losses, $286,574 62 

Deduct salvage and reinsurance, . . . 20,438 53 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for state and local taxes, . 

for incidentals, 

for expenses on real estate, • 
Deposits returned on perpetual fire risks, . £41,365 94 



Gross cash expenditures, 



$73,025 81 
619,019 35 

$692,045 16 
71,083 40 

$620,961 76 
107,294 69 



sources, . 



$13,535 40 



$513,667 07 

16,615 78 

124,746 22 

8,497 77 

2,346 98 

$665,873 82 



$266,136 09 
90,060 00 
94,304 11 
37,550 00 
21,059 19 
84,468 30 
4,391 38 

$597,969 07 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 

£84,431,158 00 $949,135 52 
51,068,449 00 619,019 35 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



$135,499,607 00 $1,568,154 87 
51,646,348 00 598,411 98 



$83,853,259 00 $969,742 89 
3,292,447 00 37,694 57 



$80,560,812 00 §932,043 32 



Perpetual risks in force (not included above), 58,613,048 00 1,322,025 64 



Miscellaneous. 
Premiums received from organization of company, . 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends decla»ed during the year (22^ per cent,), 
Company's stock owned by directors, .... 



$29,62*,081 00 

15,835,601 00 

252,663 00 

5,284,000 00 

90,000 00 

25,200 00 



GERMAN-AMERICAN INSURANCE CO. 



217 



"GERMAN-AMERICAN INSURANCE COMPANY"," NEW YORK. 

[Incorporated March, 1872. Commenced business March 7, 1872.] 

Paid-up Capital, $1,000,000. 

EMIL OELBERMANN, President. WILLIAM S. NEWELL, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds $610,000 00 $ 693,258 00 

New York City bonds, 927,784 00 928,784 00 

Brooklyn City bonds, 75,000 00 75,000 00 

St. Louis, Mo., bonds, 100,000 00 108,000 00 

Portland, Ore., water bonds, .... 50,000 00 55,000 00 

Atlanta, Ga , bonds, 25,000 00 25,000 00 

Nashville, Tenn., water bonds, . . . 25,000 00 26,250 00 

Albany & Susquehanna R.R. bonds, . . 75,000 00 88,875 00 

Chicago, Rock Island & Pacific R R. bonds, . 150,000 00 164,750 00 

Chicago, Milwaukee & St. Paul R.R. bonds, . 130,000 00 146,750 00 

Chicago & Northwestern R.R. bonds, . . 155,000 00 173,025 00 

Chicago, Burlington & Quincy R R. bonds, . 55,000 00 54,450 00 

Central Pacific R.R. bonds, .... 50,000 00 51,120 00 

Columbus, Hock. Valley & Toledo R.R. bonds, 25,000 00 22,000 00 

Erie R.R. bonds, 100,000 00 131,000 00 

Kansas Pacific R R. bonds, .... 50,000 00 53,343 00 

Little Miami R.R. bonds, 25,000 00 27,500 00 

Louisville & Nashville R.R. bonds, . . . 24,000 00 27,720 00 

Missouri Pacific Railroad bonds, . . . 50,000 00 48,000 00 

New York, New Haven & Hartford R.R., . 15,600 00 21,372 00 

N. Y., Lackawanna & Western R.R. bonds, . 100,000 00 132,000 00 

N. Y., Susquehanna & Western R.R. bonds, . 25,000 00 26,875 00 

New York Central Railroad bonds, . . . 100,000 00 108,500 00 

New York, Chicago & St. Louis R.R. bonds, . 45,000 00 46,125 00 

Erie Railroad bonds, 25,000 00 16,250 00 

Pennsylvania Company bonds, . . . 55,000 00 60,045 00 

St. Louis, Kansas City & Northern R.R. bonds, 60,000 00 62,625 00 

St. Paul, Minn. & Manitoba Railroad bonds, . 30,000 00 35,250 00 

Syracuse, Binghamton & N. Y. R.R. bonds, . 30,000 00 39,000 00 

Union Pacific Railroad bonds, .... 50,000 00 52,577 00 

Allegheny Street Railway bonds, . . . 25,000 00 25,000 00 

Minneapolis, L. & M. Street Railway bonds, . 25,000 00 25,000 00 

Troy (N. Y.) City Railway b.onds, . . . 25,000 00 25,000 00 

Underwriters' Prot Asso. of Newark, N. J., b'ds, 1,000 00 1,000 00 

Western Union Telegraph Company bonds, . 25,000 00 26,500 00 

Maryland Steel Company bonds, . . . 50,000 00 50,000 00 

100 shares Albany & Susquehanna Railroad, 10,000 00 16,700 00 

1,350 " Chic, Rock Island & Pacific R.R, 135,000 00 82,689 00 

2,000 " Clev.,Cin.,Chic. & St. Louis R.R , 200,000 00 168,000 00 

1,000 " Cayuga & Susquehanna R.R., . 30,000 00 48,000 00 



218 



GERMAN-AMERICAN INSURANCE CO. 



500 shares 


100 


<( 


200 


• 4 


1,200 


(4 


2,633 


44 


392 


44 


200 


44 


North Carol 


2,550 shares 


500 


44 


300 


44 


100 


44 


200 


44 


175 


44 


200 


44 


200 


44 


221 


44 


1,000 


44 


300 


44 


500 


44 


10 


44 


440 


44 



Chic., Milwaukee & St. Paul R R. 
Chicago & Northwestern R.R., 
Det, Hillsdale & Southw'n R.R. 
Morris & Essex Railroad, 
New York & Harlem River R.R. 
N. Y., N. H. & Hartford R R., 
N. Y , Lack. & Western R.R., 
ina Home Insurance Co. stock, 
Pennsylvania Railroad, 
Rensselaer & Saratoga Railroad 
St. Paul, Minn. & Manitoba, 
American Exchange Nat'l Bank, 
Central National Bank, 
Bank of America, 
Bank of Commerce, 
Fourth National Bank,. 
German-American Bank. 
Consolidated Gas Company, 
New York Mutual Gaslight Co., 
Standard Oil Trust, 
Underwriters 1 Salvage Company 
Western Union Telegraph Co., 



Par Value. 

f 50,000 00 

100,000 00 
20,000 00 
60,000 00 

131,650 00 
39,200 00 
20,000 00 
15,015 00 

127,500 00 
50,000 00 
30,000 00 
10,000 00 
20,000 00 
17,500 00 
20,000 00 
20,000 00 
16,575 00 

100,000 00 

30,000 00 

50,000 00 

1,000 00 

44,000 00 



Market Value. 

$58,750 00 

119,190 00 
19,000 00 
97,800 00 

340,974 00 
75,656 00 
23,200 00 
15,015 00 

128,775 00 
90,000 00 
32,850 00 
15,500 00 
24,000 00 
35,000 00 
35,600 00 
37,000 00 
19,227 00 

130,500 00 

45,900 00 

84,500 00 

1,000 00 

38,280 00 



$4,735,824 00 $5,436,050 00 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the compan}', . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Gross assets,* 

Deduct special deposits in other States, . 



$25,000 00 

5,436,050 00 

2,885 82 

437,366 00 

6,100 00 

332,697 01 



$6,240,098 83 
129,600 00 



Balance, $6,110,498 83 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 

Unearned premiums on outstanding risks, 



$105,374 42 

374,243 03 

35,171 03 

$514,788 48 
8,481 00 

$506,307 48 
2,797,505 54 



* Including $500,000 special reserve fund held under Xew York law. 



GERM AX- AMERICAN INSURANCE CO. 



219 



Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, . 



879,910 52 
679 69 

$3,384,403 23 
83,380 63 



$3,301,022 60 



. $2,809,476 23 
. 1,000,000 00 



. $1,809,476 23 



Income. 

Fire premiums outstanding Dec. 31, 1893 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 



$418,808 86 
4,290,562 95 



1,709,371 81 
332,697 01 



Entire premiums collected, .... $ 4,376,674 80 
Less reinsurance and return premiums, . . 1,221,714 40 

Net cash tire premiums received, . . . §3,154,960 40 

Interest and dividends received from all sources, . . . 241,224 69 

Gross cash income, $3,396,185 09 

Expenditures. 

Cash paid for fire losses, $2,190,509 79 

Deduct salvage and reinsurance, . . . 287,301 81 

Net cash paid for fire losses, . . . . $1,903,207 98 

200,000 00 

459,189 70 

287,350 34 

73,627 85 

218,879 94 



Cash dividends paid, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



Gross cash expenditures, 



$3,142,255 81 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

. $555,665,302 00 $5,388,630 26 
. 399,339,611 00 4,290,562 95 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, , , 



.$955,004,913 00 $9,679,193 21 
. 371,637,689 00 3,999,939 52 



. $583,367,224 00 $5,679,253 69 
. 15,382,017 00 169,520 51 



. $567,985,207 00 $5,509,733 18 



220 



GERMAXIA FIRE INSURANCE CO, 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (20 per cent), 
Company's stock owned by directors, 



$40,972,290 00 
21,598,259 00 
:;,846 00 
3,140,000 00 
200,000 00 
280,100 00 



" GERMANIA FIRE INSURANCE COMPANY,*' NEW YORK, N. Y. 

[Incorporated March 2, 1859. Commenced business March 2, 1859.] 
Paid-up Capital, $1,000,000. 
HUGO SCHUMANN, President. CHARLES RUYKHAVER, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $950,000 00 $1,092,500 00 

Chicago & Northwestern Railway Co. bonds, . 36,000 00 39,600 00 

Cleve., Col., Cin. &Indianapolis R.R. bonds, . 25,000 00 30,625 00 

Denver & Rio Grande Railroad bonds, . . 25,000 00 20,562 50 

Dry Dock, East B'way & Battery R.R. bonds, . 10,000 00 11,300 00 

Fargo & Southern Railway bonds, . . . 20,000 00 23,600 00 

Flint & Pere Marquette Railroad bonds, . . 25,000 00 21,250 00 

Georgia State bonds 25,000 00 24,625 00 

Hannibal & St. Jo. Railroad bonds, . . . 25,000 00 30,000 00 

Harlem & Port Chester Railroad bonds, . . 10,000 00 12,700 00 

Kentucky Central Railway bonds, . . . 25,000 00 20,562 50 

Long Island Railroad bonds, .... 15,000 00 17,550 00 

Louisville, New Albany & Chicago R.R. bonds, 7,000 00 O 00 

Michigan Central Railroad bonds, . . . 20,000 00 23,000 00 

Milwaukee & Northern Railroad bonds, . . 25,000 00 29,250 00 

Milwaukee & St Paul Railway bonds, . . 15,000 00 18,900 00 

Mississippi State bonds, 20,000 00 20,000 00 

Morris & Essex Railroad bonds, . . . 5,000 00 5,950 00 

N.Y., Brooklyn & Manhattan Beach R'y bonds, 25,000 00 23,875 00 

N. Y. Central & Hudson River R'y bonds, . 25,000 00 27,250 00 

Northern Pacific Railroad bonds, . . . 50,000 00 58,125 00 

Pennsylvania Company bonds, . . . 50,000 00 56,500 00 

Richmond City bonds 52,100 00 52,600 00 

Kome, Watertown & Ogdensburg R.R. bonds, 10,000 00 11,900 00 

St. Paul, Minn. & Manitoba Railway bonds, . 31,000 00 32,162 50 

St. Paul & Northern Pacific Railroad bonds, . 16,000 00 18,720 00 

Third Avenue Railroad Company bonds, . 25,000 00 30,000 00 

Toledo & Ohio Central Railway bonds, . . 35,000 00 39,025 00 

Underwriters 1 Protective Asso. of Newark, . 1,000 00 00 

Union Elevated Railroad, Brooklyn, bonds, . 15,000 00 18^00 00 

Wabash Railroad bonds, . 25,000 00 K.187 50 



GERMANIA FIRE INSURANCE CO. 



221 



Consolidated Gas Company stock, . 

Broadway & Seventh Avenue R.R. stock, 

Chicago & Alton Railroad stock. 

Chicago, Milwaukee & St Paul R.R. stock, 

Chicago & Northwestern Railway Co. stock, 

Chic, St. Paul, Minn. & Omaha R'y stock, 

Underwriters' Salvage Company stock, . 

Delaware & Hudson Canal Company stock, 

German-American Bank stock, 

Lake Shore & Michigan Southern R'y stock, 

Manhattan Elevated Railroad stock, 

National Park Bank stock, 

N. Y Central & Hudson River R.R. stock, 

Pennsylvania Railroad stock, . 

Pullman's Palace Car Co. stock, 

Rome, Watertown & Ogdensburg R.R. stock, 

Western Union Telegraph Company stock, 



Securities held as collateral for cash loans 
Morris & Essex Railroad Co. bonds, 

Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank and with managers, 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



Par Value. 

$25,000 00 

6,500 00 
10,000 00 
25,000 00 
60,000 00 
25,000 00 

1,000 00 
70,000 00 

9,375 00 
60,000 00 
10,000 00 

5,000 00 
60,000 00 
51,000 00 
10,000 00 
25,000 00 
30,000 00 



Market Value. 

$32,750 00 
12,285 00 
14,600 00 
29,375 00 
86,100 00 
28,125 00 
1,000 00 
88,200 00 
11,085 94 
80,700 00 
10,500 00 
14,000 00 
59,550 00 
52,785 00 
15,400 00 
29,125 00 
26,175 00 



1,125,975 00 $2,431,975 94 



Balance, $3,354,615 32 



Market Value. 

$9,400 00 

31, 1894. 

$454,976 41 

270,000 00 

5,084 37 

2,431,975 94 

2,600 00 

2,521 04 

69,103 04 

65 00 

192,020 34 

3,494 18 



Loaned Thereon. 

§2,600 00 



1,431,840 32 
77,225 00 



Losses adjusted, unpaid, . 
claimed and reported, 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 



Liabilities. 



$34,636 78 
28,611 11 
22,099 50 

$85,347 39 
18,399 55 

$66,947 84 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$181,260 00 
336,000 00 
275,000 00 



222 



GERMAN! A FIRE INSURANCE CO. 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, . 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . . 
Paid-up capital, 



. $1,179,716 70 
29,746 24 
58,416 80 

. $1,334,827 58 
7,445 80 



$1,327,381 78 

. $2,027,233 54 
. 1,000,000 00 



Surplus over capital, $1,027,233 5-4 



Income. 

Fire premiums outstanding Dec. 31, 1893, . $220,934 07 

Premiums on risks written or renewed, . . 1,568,430 52 

Total, $1,789,364 59 

Premiums now in course of collection, . . 192,020 34 

Entire premiums collected, .... $1,597,344 25 

Less reinsurance and return premiums, . . 477,323 09 

Net cash lire premiums received, . . . 

Interest received on mortgages, 



. $1,120,021 16 

11,040 83 

Interest and dividends received from all other sources, . . 112,920 19 



Gross cash income, $1,243,982 18 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, . 

Net cash paid for fire losses, .... 

Cash dividends paid, . . # . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, ..... 



$619,758 12 
89,141 54 



Gross cash expenditures, 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . . 
Deduct amount reinsured, . 

Net amount in force, . 



$287,695,729 00 
183,534,109 00 

$471,229,838 00 
175,668,099 00 

$295,561,739 00 
22,720,589 00 



$530,616 58 

100,000 00 

184,682 10 

122,920 77 

24,783 91 

83,049 54 

$1,046,052 90 



Premiums. 

$2,444,568 37 
1,568,430 52 

$4,012,998 89 
1,504,611 13 

$2,508,387 76 
240,628 82 



$272,841,150 00 $2,267,758 94 



GIRARD FIRE AND MARINE INSURANCE CO. 



223 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (10 per cent), 
Company's stock owned by directors, . . 



$28,364,757 00 

14,418,673 00 

482,012 00 

. 2,601,000 00 
100,000 00 
181,450 00 



"GIRARD FIRE AND MARINE INSURANCE COMPANY," 
PHILADELPHIA, PA. 

[Incorporated March, 1853. Commenced business May, 1853.] 

Paid-up Capital, $300,000. 

ALFRED S. GILLETT, President. EDWIN F. MERRILL, Secretary 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, 172,000 00 

Louisville city bonds, . . . . . 10,000 00 

St. Louis county bonds, 10,000 00 

Seattle city bonds, 50,000 00 

Georgia State bonds, 25,000 00 

Minnesota school bonds, . . . . 8,000 00 

Norfolk & Western Railroad, .... 15,000 00 

Connecting Railroad bonds, . . . . 10,000 00 

Pennsylvania Railroad Company, . . . 25,000 00 

Phila., Wilmington & Baltimore R R. bonds, . 70,000 00 

Pitts., Air, Chicago & St. Louis R.R. Co. bonds, 10,000 00 

Delaware Railroad Company bonds, . . 6,000 00 

Phila & Reading Railroad bonds, . . . 2,000 00 

Lehigh Coal & Navigation Company bonds, . 16,000 00 

North Pennsylvania Railroad bonds, . . 5,000 00 

Lehigh Valley Railroad Company, . . . 35,000 00 

Philadelphia & Darby Pass. Railroad stock, . 2,250 00 

Zanesville & Ohio Railroad bonds, . . . 10,000 00 

Lower Merion Gas Company bonds, . . 8,000 00 

Holmcsburg Water Company bonds, . . 1,000 00 

Hutchinson Water, Light and Power Co. bonds, 12,000 00 

Philadelphia Bourse stock, .... 1,00000 

Borough Ridley Park uonds, .... 4,000 00 
Girard Fire and Marine Ins. Co., $36,890 00 



Market Value. 

$82,800 00 

12,000 00 

12,000 00 

53,000 00 

27,437 50 

8,120 00 

15,000 00 

12,000 00 

28,450 00 

72,500 00 

10,550 00 

6,435 00 

290 00 

16,450 00 

6,325 00 

31,100 00 

1,485 00 

2,000 00 

8,166 67 

1,000 00 

10,800 00 

500 00 

4,100 00 



Securities held as collateral for cash loans : — 

Allegheny Valley R.R. bonds, .... 
North Missouri R.R. bonds, .... 
Note secured by real estate, .... 



$407,250 00 $422,509 17 



Market Value. 

$1,280 00 
3,150 00 
2,800 00 



Loaned Thereon. 

$600 00 
2,000 00 
2,000 00 



$7,230 00 $4,600 00 



224 



GIRARD FIRE AND MARINE INSURANCE CO. 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents due and accrued, .... 
Perpetual reinsurance, etc., 
Hotel furniture, .... $2,500 00 
Gross assets, ..'... 



31, 1894. 

$308,922 91 

782,983 77 

13,818 36 

422,509 17 

4,600 00 

9,024 66 

83,202 00 

.37 59 

90,022 96 

14,390 05 

1,698 74 

10,016 72 



£1,741,246 93 



Liabilities. 
Losses claimed and reported, 

Losses disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
Reclaimable on j^erpetual fire policies, . 
Due and accrued for rent, salaries, etc., . 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, . 

Surplus as regards policy-holders, . 
Paid-up capital, ..... 



Surplus over capital, . 



$47,617 72 
8,593 09 

$56,210 81 
8,761 84 

$47,448 97 

388,393 19 

468,304 81 

1,233 06 

836 55 

23,267 18 

9,469 84 

1,483 53 



940,437 13 

$800,809 80 

300,000 00 

$500,809 80 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 



$99,318 91 
583,888 69 

$683,207 60 
104,413 01 

$578,794 59 
109,485 78 



$469,308 81 
40,419 44 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$2, 33 1, 32-2 00 
420,739 00 



glen's FALLS INSURANCE CO. 



225 



Interest and dividends received from all other sources, . 

Income from rents, 

Income from all other sources, 



$26,160 75 

4,151 34 

893 00 



Gross cash income, $540,933 34 



Expenditures. 
Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 

Risks and Premiums. 



$213,339 50 
12,805 60 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



$93,597,769 00 
49,216,302 00 

$142,814,071 00 
45,851,824 00 

$96,962,247 00 
3,804,898 00 



$200,533 90 
60,000 00 
96,563 65 
58,000 00 
16,051 49 
28,552 90 

$459,701 94 



Premiums. 

$1,256,238 81 

583,888 69 



$1,840,127 50 
517,610 97 



.,322,516 53 
36,990 94 



$93,157,349 00 $1,285,525 59 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (20 per cent.), 
Company's stock owned by directors, 



11,291,882 00 

4,690,832 00 

240,222 00 

1,665,196 00 

60,000 00 

33,100 00 



"GLEN'S FALLS INSURANCE COMPANY," GLEN'S FALLS, N. Y. 

[Incorporated May, 1849. Commenced business May, 1850.] 

Paid-up Capital, $200,000. 

J. L. CUNNINGHAM, President. R. A. LITTLE, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

N. Y. Central & Hudson Kiver R.R bonds, . $200,000 00 $215,000 00 

New York & Harlem Railroad bonds, . . 100,000 00 117,500 00 

Lake Shore & Michigan So. Railroad bonds, . 50,000 00 58,750 00 

Syracuse, Bing. & New York Railroad bonds, 53,000 00 67,575 00 

Morris & Essex Railroad bonds, . . . 50,000 00 68,250 00 



226 



glen's FALLS INSURANCE CO. 



West Shore Railroad bonds, 
Hudson River Pulp and Paper Co. bonds, 
Georgia State bonds, .... 

Richmond city bonds, .... 
First National Bank, Glen's Falls, stock, . 
International Loan & Trust Company bonds, 
German Trust Co., Davenport, Iowa, 
Glen's Falls Paper Mill Company bonds, 



Securities held as collateral for cash loans 
Morris & Essex R.R bonds, 



Par Value. 

$50,000 00 

300,000 00 

25,000 00 

11,000 00 

10,000 00 

100,000 00 

150,000 00 

270,000 00 



Market Value. 

1,000 00 

300,000 00 

25,000 00 

10,230 00 

20,000 00 

100,000 00 

150,000 00 

270,000 00 



$1,369,000 00 81,482,305 00 

Market Value. Loaned Thereon. 

£4,095 00 $1,000 00 



Summary of Assets Dec. 31, 1891. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Gross assets,* 

Deduct special deposits in other States, . 



Balance, $2,389,953 74 



$43,550 00 

572,984 74 

3,315 33. 

1,482,305 00 

4,000 00 

5,222 44 

231,860 20 

11,125 83 

70,820 20 

$2,425,183 74 

35,230 00 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 

Surplus over capital, . 



$14,935 72 
27,972 00 
10,360 00 

$53,267 72 
1,421 34 



$51,846 38 

777,245 56 

10,000 00 

11,848 53 

10,748 71 

$861,689 18 
12,098 89 



849,590 29 



. $1,540,363 45 
2 '.000 00 



$1,340,363 45 



* Including $200,000 special deposit held under Ntw York law. 



GLENS FALLS INSURANCE CO. 



227 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Gross cash income, 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 

Gross cash expenditures, . 



$74,030 47 
1,716 90 

$72,313 57 
873,601 85 

8945,915 42 
73,656 91 



5872,258 51 
132,408 95 



sources, 



§413,818 72 
38,146 08 



§739,849 5Q 

31,951 39 

92,959 43 

1,462 83 

$866,223 21 



$375,672 64 

40,000 00 

138,249 52 

53,062 76 

32,223 46 

50,222 60 

$689,430 98 



Fire risks outstanding T)ec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 

$139,914,456 00 $1,465,088 94 
. 79,164,221 00 873,601 85 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



$219,078,677 00 $2,338,690 79 
. 72,263,928 00 751,278 12 



$146,814,749 00 $1,587,412 67 
. 6,696,233 00 88,069 72 



$140,118,516 00 $1,499,342 95 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (20 per cent.), 
Company's stock owned by directors, . . . . 



$13,170,676 00 

6,619,217 00 

377,822 00 

600,000 00 

40,000 00 

69,860 00 



228 



GLOBE FIRE INSURANCE CO. 



" GLOBE FIRE INSURANCE COMPANY,' 1 NEW YORK. 

[Incorporated March, 1S63. Commenced business March, 1863.] 

Paid-up Capital, $200,000. 

E. C. JAMESON, President. WM. VALENTINE, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $120,000 00 f 137,200 00 

400 shares New York & Harlem R.R., . . 20,000 00 52,000 00 

New York City dock bonds, .... 26,000 00 26,520 00 

District of Columbia bonds, .... 25,000 00 28,000 00 



$191,000 00 |243,720 00 



Summary of Assets Dec 31, 1894. 



Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, 
Premiums in course of collection (gross), 
Gross assets, 



$14,500 00 

285 00 

243,720 00 

125 52 

6,418 56 

35 00 

35,850 66 



$300,934 74 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . , 
Less reinsurance, . . , 

Net amount of unpaid losses, . 
Unearned premiums on outstanding 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy-holders, 
Paid-up capital, .... 



Surplus over capital, . 



risks 



£1,899 91 
3,924 50 
2,550 00 

$8,374 41 
3,255 77 

$5,118 64 

65,979 33 

9,989 13 



81,087 10 

$219,847 64 
200,000 00 

$19,847 64 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$12,500 00 
17,500 00 
13,000 00 



GLOBE FIRE INSURANCE CO. 



229 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



$124,745 10 
35,358 67 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, . . , 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, ....... 



$7,491 18 
474 51 

$7,016 67 
153,579 09 

§ 160,595 76 
35,850 66 



$89,386 43 

874 00 

6,093 92 

$96,354 35 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$45,578 82 
12,001 93 



$33,576 89 

23,295 64 

6,242 10 

395 91 

6,414 43 



,924 97 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$20,775,067 00 $105,573 47 
16,731,978 00 153,579 09 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



$37,507,045 00 $259,152 56 
17,540,914 00 108,655 73 



$19,966,131 00 $150,496 83 
3,983,725 00 20,296 43 



15,982,406 00 $130,200 40 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Company's stock owned by directors, .... 



$2,676,722 00 

1,395,930 00 

29,798 00 

630,000 00 

10,000 00 



230 



GRANITE STATE FIRE INSURANCE CO. 



"GRANITE STATE FIRE INSURANCE COMPANY. 
PORTSMOUTH, N. II. 

[Incorporated July 17, 1885. Commenced bueineeB Nov. 12, 1885.] 

Paid-up Capital, $200,000. 

FRANK JONES, President. ALFRED F. HOWARD, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Town of Harrisville, N. II., bonds, . . . $15,000 00 $16,200 00 

City of Manchester, N. H., bonds, . . . 100,000 00 106,500 00 

Fort Plain, N. Y., Water Co. bonds, . . 10,000 00 10,000 00 

New Hampshire Trust Co bonds, . . . 10,000 00 8,000 00 

St. Cloud Gas & Electric Co. bonds. . . . 10,000 00 10,500 00 

Nashua Card & Glazed Paper Co. bonds, . 5,000 00 5,000 00 

National Loan & Trust Co. bonds, . . .- 4,000 00 4,000 00 

County of Garfield, Col., bonds, . . . 1,000 00 1,100 00 

Front St. Cable R'y Co of Seattle, Wash., b'ds, 35,000 00 36,750 00 

Palouse City, Wash., water bonds, ... 4,800 00 5,520 00 

133 shares Dover Gas Light Co., Dover, N. H., 3,325 00 3,591 00 

Eastman Freight Car Heater Co. bonds, . . 16,000 00 16,000 00 

1 share Worcester, Nashua & Rochester R.R., 100 00 120 00 

50 shares Inter. Loan & Trust Co., Kan. City, . 5,000 00 5,000 00 
50 shares Wolfboro 1 Loan & Banking Co., 

Wolfboro', N. H., 5,000 00 5,000 00 

123 shares Boston & Maine R.R. com stock, . 12,300 00 19,680 00 

Chippewa Falls Water Works Co bonds, . 10,500 00 10,500 00 



$247,025 00 $263,461 00 



Securities held as collateral for cash loans : — 

40 shares Indian Head Nat'l B^k, Nashua, N. H M 
Ports., Great Falls & Conwav R.R. bonds, 



Market Value. 

$3,335 00 

1,080 00 



Loaned Thereon. 

$4,000 00 



?4,415 00 $4,000 00 



Summary of Assets Dec 31, 1894. 



Cash value of unencumbered real estate, 
Lo?ns on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$8,700 00 

51,480 00 

817 52 

263,461 00 

4,000 00 

1,957 09 

22,736 74 

2,048 79 

65,496 13 



$420,697 '2: 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$69,500 00 
55,600 00 
44,825 00 



GRANITE STATE FIRE INSURANCE CO. 



231 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Keturn premiums, .... 

Reinsurance, 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 

Surplus over capital, . 



$22,247 10 

11,842 00 

4,500 00 

f38,589 10 
14,404 16 

$24,184 94 

158,734 15 

5,942 11 

1,138 72 

4,511 30 



$194,511 22 



$226,186 05 

200,000 00 



§26,186 05 



Income. 

Fire premiums outstanding Dec. 31, 1893, . $109,458 87 
Premiums on risks written or renewed, . . 467,650 76 



Total, $577,109 63 

Premiums now in course of collection, . . 65,496 13 

Entire premiums collected, .... $511,613 50 
Less reinsurance and return premiums, . . 285,827 69 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



$225,785 81 

3,198 93 

13,077 60 



Gross cash income, $242,062 34 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$336,834 35 
78,979 34 



$257,855 01 
12,000 00 
43,695 47 
10,980 00 
8,988 47 
26,355 41 



Gross cash expenditures, 



$359,874 36 



232 



THE GREENWICH INSURANCE CO. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

. 160,803,868 00 $744,802 31 
. 36,000,089 00 467,650 76 



Total 

Deduct risks expired and terminated, 

Tn force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



.$96,803,957 00 $1,212,453 07 
. 58,196,756 00 1,123 24 



. $38,607,201 00 $458,329 83 
. 12,737,913 00 152,918 89 



£25,869,288 00 $305,410 94 



Miscellaneous 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, 



$4,382,983 00 

1,965,760 00 

240,142 00 

60,000 00 

12,000 00 

121,300 00 



"THE GREENWICH INSURANCE COMPANY,*' NEW YORK, N. Y. 

[Incorporated May 5, 1834. Commenced business Jan. 1, 1835.] 

Paid-up Capital, $200,000. 

MASON A. STONE, President. NICHOLAS W. MESEROLE, Secretary. 



Detailed Statement of Stocks and Bom-. 

Par Value. 

United States Government bonds, . . . $26,500 00 

District of Columbia bonds, . . . • . 125,000 00 

Harlem River & Portchester Railroad bonds, . 10,000 00 

N. Y r . Central & Hudson River R.R. bonds, . 60,000 00 

Albany & Susquehanna Railroad bonds, . . 80,000 00 

Oswego & Syracuse Railroad bonds, . . 53,000 00 

Buffalo & Erie Railroad bonds, . . . 9,500 00 

State of Georgia bonds, 25,000 00 

Rome, Watertown & Ogdensburg R.R. bonds, 5,000 00 

Consolidated Gas Co. of New York stock, . 100,000 00 

Rensselaer & Saratoga Railroad stock, . . 60,000 00 

Valley Railroad Company stock, . . . 35,000 00 

National Broadway Bank stock, . . . 17,500 00 

Delaware & Hudson Canal Company stock, . 60,000 00 

New York, Lack. & Western Railroad stock, . 25,000 00 



Market Value. 

$29,945 00 

140,000 00 

11,500 00 

76,200 00 

95,200 00 

58,300 00 

10,521 25 

25,687 50 

00 

131,000 00 

108,600 00 

40,250 00 

41,125 00 

76,050 00 

29,000 00 



Securities held as collateral for cash loans : — 
7 shares N. Y\, New Haven & Hartford R.R., 



$691,500 00 fS79,328 75 

Market Value. Loaned Thereon. 

$1,365 00 $1,000 00 



THE GREENWICH INSURANCE CO. 



233 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
State and local taxes, .... 
Commissions and brokerage, . . . 

Return premiums, 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy-holders, . 
Paid-up capital, ... ... 



Surplus over capital, 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 



31, 1894. 

$200,000 00 

4,600 00 

879,328 75 

1,000 00 

17,696 34 

25,092 29 

467 50 

156,941 22 

23,302 80 



$1,308,428 90 
36,487 50 

$1,271,941 40 



$22,015 92 

163,504 93 

40,265 89 

$225,786 74 
6,856 01 

$218,930 73 

762,971 78 

931 50 

2,500 00 

27,000 00 

600 00 

8,444 79 

$1,021,378 80 
32,317 93 



$201,162 84 
24,214 75 

$176,948 09 
1,208,022 35 

>1,384,970 44 
167,106 65 

.1,217,863 79 
238,083 69 



989,060 87 

$282,880 53 
200,000 00 

$82,880 53 



$979,780 10 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$10,500 00 

12,500 00 

7,000 00 



234 



THE GREENWICH INSURANCE CO. 



Marine premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



Expenditures. 
Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, 

Cash j)aid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 

Gross cash expenditures, . 



$11,916 67 
810 36 

811,106 31 
172,901 52 

$184,007 83 
13,137 37 

$170,870 46 
18,468 09 



sources, 



$759,374 88 
61,856 95 



$118,290 38 
21,983 72 



$152,402 37 

276 00 

43,532 51 

17,273 28 

§1,193,264 26 



$697,517 93 



96,306 66 
20,000 00 
224,877 28 
93,869 30 
14,453 07 
74,862 40 

. $1,221,886 64 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at the end of year, 
Deduct amount reinsured, 

Net amount in force, . , . 



£250,424,860 00 
. 161,792,353 00 



$412,217,213 00 

.163,284,305 00 

$248,932,908 00 

. 17,367,036 00 



Premiums. 

$1,488,755 49 
1,308,022 35 

$2,696,777 84 
1,184,241 11 

$1,512,536 73 
96,554 00 



$231,565,372 00 $1,415,982 73 



$2,062,234 00 
40,175,651 00 



$42,237,885 00 
40,377,740 00 



$1,860,145 00 
75,000 00 



$55,616 01 

172,901 52 

$228,517 53 

168,182 86 

$60,334 67 

2,291 52 



. $1,785,145 00 $58,043 15 



HANOVER FIRE INSURANCE CO. 



235 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), . 
Company's stock owned by directors, . 



$ 14,783,057 00 

9,596,087 00 

666,514 00 

101,334 00 

2,070,000 00 

20,000 00 

78,900 00 



"HANOVER FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated April, 1852. Commenced business April, 1852.] 
Paid-up Capital, $1,000,000. 
I. REMSEN LANE, President. CHARLES L. ROE, Secretary. 



Detailed Statement of Stocks 



United States bonds, .... 

State of Georgia coupon bonds, 

City of Richmond, Va., bonds, . 

Kansas Pacific Railway bonds, 

Flint & Pere Marquette Railroad bonds, . 

Cincinnati & Springfield Railway bonds, 

Central Railroad Co. of New Jersey bonds, 

New York Elevated R.R. Co bonds, 

Chicago, Milwaukee & St. Paul Railway bonds 

Louisville, N. A. & Chicago Railway bonds, 

Pennsylvania Company bonds, 

Flint & Pere Marquette Railroad bonds, . 

Chicago, Burlington & Quincy R.R. bonds, 

New York city bonds, .... 

New York, New Haven & Hart. R.R. certs., 

100 shares Rensselaer & Saratoga Railroad 

240 ' 

220 

210 

400 ' 
1,000 

200 

200 

191 

500 

200 
75 



Rome, Watert'n & OgdensUi R R. 
Chic, Burl. & Quincy Railroad, 
Chic, Rock Island & Pacific R.R. 
Chicago & Northwestern Railway 
New York Cen. & Hudson R. R.R. 
St. Paul, Minn. & Mani. R'y Co. 
Chicago & Northwestern R'y Co. 
Syracuse, Bing. & New York R.R. 
Clevc, Cin., Chic. & St. Louis R'y 
Lake Shore & Mich. Southern R'y 
Metropolitan National Bank, 



and Bonds. 

Par Value. 

$98,000 00 
25,000 00 
50,000 00 
50,000 00 
30,000 00 
19,000 00 
50,000 00 
20,000 00 
20,000 00 
15,000 00 
36,000 00 
30,000 00 
25,000 00 

335,000 00 
20,000 00 
10,000 00 
24,000 00 
22,000 00 
21,000 00 
40,000 00 

100,000 00 
20,000 00 
20,000 00 
19,100 00 
50,000 00 
20,000 00 
7,500 00 



Market Value. 

$108,775 00 
27,850 00 
55,500 00 
38,375 00 
34,125 00 
21,660 00 
57,000 00 
22,250 00 
22,062 50 
14,550 *00 
39,600 00 
26,100 00 
24,937 50 
341,300 00 
27,600 00 
18,000 00 
28,080 00 
15,702 50 
12,993 75 
38,900 00 
98,375 00 
22,400 00 
28,700 00 
28,650 00 
41,437 50 
27,000 00 
225 00 



236 



HANOVER FIRE INSURANCE CO. 



150 shares American Exchange Nat'l Bank, 
36 " Western National Bank, 
150 " Bank of America, 
1,000 " Consolidated Gas Company, N.Y., 
550 " Western Union Telegraph Co , . 



Par Value. 

$15,000 00 
3,600 00 

15,000 00 
100,000 00 

55,000 00 



Market Value. 
$23,400 00 

3,960 00 

31,800 00 

132,000 00 

47,850 00 



$1,365,200 00 $1,461,158 75 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Reinsurance, 

Premiums more than 3 months due, $14,238 16 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



31, 1894. 

$450,000 00 

23,000 00 

96 66 

1,461,158 75 

60,387 11 

77,552 94 

11,799 00 

161,270 03 

88 19 



$2,245,352 68 
83,112 50 

$2,162,240 18 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



$85,795 61 
73,561 05 
33,386 80 

$192,743 46 
30,166 68 

$162,576 78 

956,650 96 

27,654 93 

5,419 46 

$1,152,302 13 
24,714 54 



1,127,587 59 



Surplus as regards policy-holders, $1,034,652 59 

Paid-up capital, 1,000,000 00 

Surplus over capital, 834,652 59 

♦Value of lands mortgaged, . $29,000 00 

Value of buildings thereon, 31,500 00 

Amount of insurance held as collateral, .... 24,000 00 



HANOVER FIRE INSURANCE CO. 



237 



Income. 
Fire premiums outstanding Dee. 31, 1893 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, , 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 
Income from all other sources, 



Gross cash income, 



other 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 

Gross cash expenditures, . 



$191,696 48 
18,302 98 

$173,393 50 
1,684,825 70 

$1,858,219 20 
175,508 19 

$1,682,711 01 
344,663 66 



sources, 



$1,338,047 35 

1,160 00 

67,391 44 

8,052 44 

44 42 

$1,414,695 65 



$804,913 50 
207,497 15 



$597,416 35 
100,000 00 
235,771 55 
131,147 62 
30,550 75 
156,778 00 

$1,251,664 27 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$188,812,620 00 $1,512,407 44 
143,614,037 00 1,684,825 70 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . . . 



$332,426,657 00 $3,197,233 14 
138,921,224 00 993,007 04 



$193,505,433 00 $2,204,226 10 
31,800,092 00 412,515 06 



$161,705,341 00 $1,791,711 04 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year, 
Company's stock owned by directors, . . , 



$27,362,878 00 

15,485,725 00 

543,691 00 

2,409,500 00 

100,000 00 

145,600 00 



238 



HARTFORD FIRE INSURANCE CO. 



"HARTFORD FIRE INSURANCE COMPANY," HARTFORD, CONN. 

[Incorporated May, 1810. Commenced business August, 1510 ] 
Paid-up Capital, $1,250,000. 

GEORGE L. CHA8E, President. P. C. ROYCE, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Hartford Nafl Bank, Hartford, . $55,600 00 $83,400 00 

Phoenix Nafl Bank, Hartford, . 46,700 00 58,37.", 

Conn. River Banking Co., Hart., . 5,000 00 ) 00 

Farm, and Mech. N'l Bank, Hart., 12,200 00 13,908 00 

City Bank, Hartford, . . . 16,600 00 16,600 00 

American Nafl Bank, Hartford, . 15,000 GO 21,000 00 

Charter Oak Nafl B'k, Hartford, 20,000 00 19,' 00 00 

Mercantile Natl Bank. Hartford, 15,000 00 15,000 00 

First National Bank, Hartford, . 17,200 00 19,264 00 

State Bank, Hartford, . . . 10,000 00 11,000 00 

.Etna National Bank, Hartford, . 31,500 00 44,100 00 

Nafl Exchange Bank, Hartford, . 2,000 00 2,440 00 

Conn. Trust cV: Safe Dep. Co., Hart., 23,000 00 37,950 00 

Bank of America, New York, . 30,000 00 63,000 00 

Bank of No. America, New York, 7.000 00 10,500 00 

Nail Bank of Com., New York, . 10,000 00 18,500 

Am. Exchange N'l B'k, New York, 20,000 00 31,000 00 

Imp. & Trad N'l Bank, New York, 30,000 00 165,000 00 

Manhaf n Comp'y B'k, New York, 10,000 00 -.600 00 

Merchants' Naf f B'k, New York, . 16,700 00 23,380 00 

Metropolitan N'l B'k, New York, . 22,500 00 00 

Atlantic National Bank, Boston, . 3,900 00 4,99 - 

Blackstone Nafl Bank, Boston, . 7J0OO 00 7,000 00 

Boylston National Bank, Boston, . 12,500 00 15,750 00 

Hide and Leather N'l B'k, Boston, 2,400 00 2,616 00 

Nafl Bank of Commerce, Boston, 3,200 00 3,6> 

First National Bank, Boston, . 10,000 00 24,000 00 

Second National Bank, Boston, . 10,900 00 19,729 00 

First National Bank, Albany, . 5,000 00 10 00 

Bank of Montreal, Montreal, . 30,000 00 65,700 00 

Ontario Bank. Bowmanville, . 6,500 00 6,955 00 

Connecticut River Company, ' . 10,000 00 3,000 00 

Connecticut River Railroad, . 2,000 00 5,000 00 

N Y., New Hav. & Hart. R.R. . 150,000 00 297,000 00 

Chicago, Burl. & Quincy R.R., . 71.000 00 50,410 00 

Chic, Rock Island £ Pacific R.R., 22,000 00 13,640 00 

Chicago & Northwestern R R., . 7 .000 00 77,400 00 

Chic, Milwaukee & St. Paul R.R , 77.000 00 67,230 00 

Union Pacific Railroad. . . 20,000 00 00 

Conn. £ Passumpsic Rivers R R., 100,000 00 105,000 00 

N.Y. Cent' 1 & Hudson River R.R., 50,000 00 50,000 

Northwestern Telegraph Co., . 25,000 00 -~.5o0 00 



556 shares 


467 


u 


100 


M 


122 


II 


166 


M 


300 


It 


200 


II 


150 


(I 


172 


(I 


100 


II 


315 


II 


40 


II 


230 


(I 


300 


II 


100 


II 


100 


II 


200 


II 


300 


(i 


200 


14 


334 


II 


225 


II 


39 


(I 


70 


II 


125 


IC 


24 


(1 


32 


(I 


100 


II 


109 


II 


50 


II 


150 


II 


65 


II 


100 


II 


20 


II 


1,500 


II 


710 


II 


220 


II 


700 


II 


770 


II 


200 


II 


1,000 


II 


500 


II 


500 


u 



HARTFORD FIRE INSURANCE CO. 



239 



Alabama State bonds, .... 
Georgia State bonds, .... 

New Brunswick, N. J., City bonds, . 
Dubuque, Iowa, City bonds, 
Richmond, Va., City bonds, 
Harlem River & Port Chester R.R. bonds, 
Chicago & Western Indiana Railroad bonds, 
Minneapolis Union Railway bonds, . 
Cleveland, Col., Cin. & Ind. bonds, . 
Nashville & Decatur bonds, 
Indianapolis & Vincennes Railway bonds, 
Chicago & Northwestern debentures, 
Albany & Susquehanna bonds, . 
Northern Pacific bonds, .... 
N. Y. Central & Hudson River Railroad deb., 

West Shore bonds, 

Chicago, Burlington & Quincy R R. bonds, 

New York & New England Railroad bonds, 

City of Indianapolis Belt Railroad bonds, 

Pittsburgh, Cincinnati & St. Louis R.R. bonds, 

Louisville, Frankfort & Lexington R.R. bonds, 

Cincinnati, Ind , St. Louis & Chic R.R. bonds, 

Detroit, Lansing & Northern Railroad bonds, 

Jefferson Railroad Co bonds, . 

Dayton & Michigan Railroad bonds, 

St. Louis & San Francisco R'y and land bonds 

N. Y., Lake Erie & Western Railroad bonds, 

Milwaukee & St. Paul bonds, . 

Iowa Falls and Sioux City bonds, . 

Cincinnati, Hamilton & Dayton R.R. bonds, 

Canadian Pacific Railway bonds, 

Montreal Corporation bonds, . 

Chicago & Great Western Railroad bonds, 

Lake Shore & Michigan Southern R.R. bonds 

Lehigh Valley bonds, .... 

St. Paul, Minn., certificates, 

Topeka, Kan., Internal Imp. Sewer bonds, 

Chicago, Burlington & Quincy bonds, 

Philadelphia & Reading Railroad bonds, 

Housatonic Railroad certificates, 

New York, New Haven & Hartford R R. certs. 

Chicago, Burlington & Quincy bonds, 

Connecticut River Railroad bonds, . 

St. Paul & Northern Pacific bonds, . 

Minnesota State warrants, 

Mil., Lake Shore & West'n R.R. sink'g f d b'ds, 

Hartford Street R'y Co. debentures, 



Par Value. 

$10,000 00 
25,000 00 
20,000 00 
25,000 00 
52,500 00 
50,000 00 

326,000 00 
50,000 00 
58,000 00 
50,000 00 
32,000 00 
50,000 00 
50,000 00 
62,000 00 
50,000 00 

100,000 00 
50,000 00 
50,000 00 
74,000 00 

100,000 00 
92,000 00 

112,000 00 
50,000 00 
50,000 00 
50,000 00 
50,000 00 
50,000 00 
63,000 00 
60,000 00 
55,000 00 
48,666 00 
62,500 00 
36,000 00 

100,000 00 

175,000 00 

20,000 00 

21,000 00 

6,600 00 

75,000 00 

100,000 00 
60,000 00 
5,000 00 
1,000 00 
75,000 00 
53,900 00 
26,000 00 

100,000 00 



Market Value, 

$10,400 00 
26,250 00 
20,000 00 
25,750 00 
52,500 00 
60,000 00 

379,580 00 
60,000 00 
66,620 00 
56,500 00 
37,760 00 
53,000 00 
59,500 00 
72,230 00 
54,500 00 

106,500 00 
50,000 00 
57,500 00 
76,960 00 

111,000 00 
95,680 00 

116,480 00 
32,500 00 
50,000 00 
54,000 00 
57,500 00 
54,000 00 
72,450 00 
75,000 00 
65,725 00 
57,750 00 
62,500 00 
37,800 00 

124,000 00 

192,500 00 

20,000 00 

21,000 00 

6,798 00 

79,500 00 

105,000 00 
84,000 00 
6,100 00 
1,000 00 
92,250 00 
45,396 66 
29,120 00 

103,000 00 



$3,986,566 00 $4,713,868 66 



240 



HARTFORD FIRE INSURANCE CO. 



Securities held as collateral for cash loans : — 

37 shares ./Etna Fire Ins Co., .... 
60 " Cleveland & Pittsburgh Railroad, . 
20 " Wells, Fargo Express Co., 



Market Value. Loaned Thereon. 

19,250 00 $6,000 00 
4,500 00 ) 
2,100 00 S 



4,000 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Non-resident tax due, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 



£15,850 00 

31, 1894. 

$366,575 60 

1,486,000 00 

25,442 49 

4,713,868 66. 

10,000 00 

7,434 01 

1,047,516 56 

1,052,849 35 

1,595 48 

18,278 00 



$10,000 00 



$8,729,560 15 
390,881 50 

$8,338,678 65 



$182,840 32 

337,420 41 

63,989 27 

4,225,620 01 

157,927 39 

101,226 87 

$5,069,024 27 
196,423 82 



4,872,600 45 

. $3,466,078 20 
. 1,250,000 00 

. $2,216,078 20 



$803,749 52 

2,069 92 

$801,679 60 

6,986,334 06 

£7.7*8,013 66 

1,052,849 35 

?6,735,164 31 

1,175,553 66 



$5,559,610 65 



* Value of lands mortgaged, . . 
Value of buildings thereon, . . . 
Amount of insurance held as collateral, 



$1,400,000 00 

2,503,025 00 

929.97S 00 



HOME INSURANCE CO. 



241 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 

Gross cash income, 

Expenditures. 

Cash paid for fire losses, $3,039,840 77 

Deduct salvage and reinsurance, . . . 256,543 75 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Gross cash expenditures, .... 

Risks and Premiums. 



$71,141 78 

237,073 70 

8,038 21 



>,875,864 34 



$2,783,297 02 
300,000 00 
928,234 20 
348,443 44 
78,159 99 
536,523 94 

$4,974,658 59 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



Premiums. 

$526,957,796 00 $6,229,039 42 
558,630,884 00 6,986,334 06 



$1,085,588,680 00 $13,215,373 48 
356,875,044 00 4,308,846 09 



$728,713,636 00 $8,906,527 39 
29,994,800 00 455,287 36 



$698,718,836 00 $8,451,240 03 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of compan}^ 
Dividends declared during the year (24 per cent), . 
Company's stock owned by directors, . 



$77,905,783 00 

46,479,143 00 

2,756,850 00 

7,688,100 00 

300,000 00 

180,200 00 



"HOME INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated April, 1853. Commenced business April 13, 1853.J 
Paid-up Capital, $3,000,000. 



DANIEL A. IIEALD, JYesirfent. 



WILLIAM L. BIGELOW ( 
THOMAS B. GREENE, 



Secretaries. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $275,000 00 $303,875 00 

District of Columbia bonds, .... 1,000,000 00 1,150,000 00 
State of Georgia bonds, 25,000 00 25,000 00 



242 HOME INSURANCE CO. 

Par Value. Market Value. 

New York city bonds, $505,000 00 1516,362 50 

City of Richmond, Va., bonds,. . . . 50,000 00 (,000 00 

Topeka City, Kan., Internal Imp. bonds,. . 110,782 95 114,106 4-1 

City of Council Bluffs, Iowa, Imp. bonds, . 1G,000 00 10,480 00 

Nebraska City, Nebraska, Imp. bonds, . . 19,000 00 19,665 

Kansas City, Kansas, Improvement bonds, . 0,500 00 0,727 50 

City of Greely, Col., water bonds, . . . 25,000 00 25,750 00 

Atchison, Kan., Improvement bonds, . . 5,000 00 5,175 00 

West Chicago Park warrants 31,648 50 31,648 60 

New York, Lake Erie & Western K.K. bonds,. 200,000 00 218,000 00 

New York, Chicago & St. Louis R.lt. bonds, . 112,000 00 114,800 (JO 

New York Central & Hudson River R.R. bonds, 100,000 00 1 25,000 00 

New York & Harlem Railroad bonds, . 100,000 00 117,250 00 

Valley Railway Company of Ohio bonds, . loo,000 00 50,000 00 

Ohio & West Virginia Railway bonds, . . 100,000 00 115,000 00 

Peoria, Decatur & Evansville Railway bonds, 100,000 00 96,000 00 

Cleve., Col., Cincinnati & Indianapolis R.R, . 100,000 00 128,500 00 

Louisville, New Albany & Chicago R\ bonds 100,000 00 109,000 00 

West Shore Railway bonds, .... 100,00000 105,00000 

Albemarle & Chesapeake Canal Co. bonds, . 110,000 00 121,000 00 

Toledo, Ann Arbor & Grand Trunk R'y bond-. 100,000 00 85,000 00 

Jeffersonville, Madison & Ind. R.R. bonds, . 102,000 00 118,390 00 

Toledo, Ann Arbor & Cadillac R'y bonds, . 100,000 00 69,500 00 

Dunkirk, Warren & Pittsburgh Ry bonds, . 75,000 00 87,000 00 

Chicago, St. Paul, Minn. & Omaha R'y bonds, . 50,000 00 62,750 00 

Alabama Central Railroad bonds, . . . 50,000 00 54,000 00 

Louisville, St. Louis & Texas Railway bonds,. 50,000 00 29,500 00 

Savannah & Western Railroad bonds, . . 50,000 00 27,500 00 

Virginia Midland Railway bonds, . . . 50,000 00 48,000 00 

Standard Gas Company bonds, . . . 50,000 00 50,000 00 

Des Moines Water Works Co. of Iowa bonds, . 50,000 00 50,000 00 

Denver Water Company bonds, . . . 45,000 00 36,000 00 

Streator, III., Aqueduct Company bonds, . . 10,000 00 10,000 00 

2,000 shares Pennsylvania Railroad Company, 100,000 00 102,000 00 

1,000 " Fort Wayne & Jackson Railroad, 100 000 00 119,000 00 

1,000 " Chic, St. P., Minn. & Omaha Ry, 100,000 00 111,500 00 

1,100 " N. Y. Cent. & Hudson River RK, 110,000 00 108,487 50 

1,000 " Rensselaer & Saratoga Railroad, . 100,000 00 180,000 CO 

1,000 " United N. J. R.R. & Canal Co., . 100,000 00 236,000 00 

2,000 " Morris & Essex Railroad, . . 100,000 00 160,000 00 

1,000 " Lake Shore & Mich. South'n RV, 100,000 00 134,500 00 

500 " Standard Gas Light Company, . 50,000 00 44,000 00 

400 " National Broadway Bank. . . 10,000 00 23,500 00 

200 " American Ex. Natl Bank, N. Y., . 20,000 00 31,000 00 

200 " Mercantile National Bank, N. Y., 20,000 00 36,000 00 

200 " Bank of America, N. Y., . . 20,000 00 41,000 00 

200 " Nat'l Bank of Commerce, N. Y., . 20,000 00 36,000 00 

200 " Manhattan Company, N.Y., . 10,000 00 1>.600 00 



HOME INSURANCE CO. 



243 



200 shar 


200 


it 


200 


it 


200 


i« 


100 


it 


100 


(i 


100 


« 


200 


ti 


200 


n 


50 


it 


45 


tt 



es Merchants' Ex. Natl Bank, N. Y., 
Nassau Bank, .... 
Chatham National Bank, N. Y., 
Nat'l ButchV and DrovV B% N.Y 
Hanover National Bank, N. Y., 
National Bank of the Republic, 
Fourth National Bank, N. Y., . 
Holland Trust Company, 
Franklin Trust Co , Brooklyn, 
Metropolitan Trust Company, 
Long Island Loan and Trust Co., 



Securities held as collateral for cash loans : - 

Seattle, Lake Shore & Eastern Railroad bonds, 
Atchison, California & Pacific Railroad bonds, 
St. Joseph & Grand Island Railroad bonds, 
Spokane & Palouse Railway bonds, . 
Dakota & Great Southern Railroad bonds, 
Des Moines & Fort Dodge Railroad bonds, 
Atchison, Colorado & Pacific Railroad bonds, 
Seattle, Lake Shore & Eastern Railroad bonds 
11 shares Nassau Ferry Company, . 
Louisville & Nashville Railroad bond, 
Dakota & Great Southern Railroad bond, 
8 shares Morris & Essex Railroad, . 
20 shares Wheeling & Lake Erie Railroad, 
Des Moines & Fort Dodge Railroad bonds, 
Seattle, Lake Shore & Eastern Railroad bonds 
Albemarle & Chesapeake Canal Co. bonds, 
400 shares National Bank of North America, 
Cleveland & Canton Railroad bond, . 
Houston & Texas Central Railroad bond, 
Toledo, Ann Arbor* & Grand Trunk R.R. bond 
New Haven & Northampton Railroad bond, 
Chicago & Eastern Illinois bond, 
Chicago & Northwestern Railroad bond, . 
St. Paul City Railway bond, 
Pittsburgh, Painesville & Fairport bond, . 
Lake Erie & Western bond, 
10 shares Wells, Fargo & Co. Express, . 

6 ' 

2 

7 

5 

1 
30 ' 



Par Value. 

$10,000 00 

10,000 00 

5,000 00 

5,000 00 

10,000 00 

10,000 00 

10,000 00 

20,000 00 

20,000 00 

5,000 00 

4,500 00 



Market Value. 

$11,200 00 
16,000 00 
17,500 00 
7,750 00 
31,000 00 
15,500 00 
19,000 00 
20,000 00 
48,000 00 
14,500 00 
9,450 00 



$5,142,431 45 $5,886,397 44 



Naugatuck Railroad Company, 
Chicago & Northwestern Railroad, 
City Bank of New Haven, Conn., 
Middletown National Bank, 
National New Haven Bank, . 
Prov. Sav. Life Ass'ce Society, N. Y., 



Market Value. Loaned Thereon 

$2,200 00 1 
1,170 00 ' 
1,160 00 
4,150 00 j 
1,075 00 
31,900 00 

390 00 ] 
1,320 00 } 
1,650 00 j 
1,100 00 
1,075 00 

640 00 

780 00 
2,900 00 ^ 

880 00 \ 
2,200 00 j 
42,000 00 

850 00^ 
1,015 00 

850 00 
1,110 00 

570 00 

465 00 
1,000 00 

947 50 
1,050 00 
1,050 00 
1,200 00 

287 00 

854 00 

525 00 

164 00 
3,000 00 J 



)> f7,000 00 

800 00 
25,000 00 

1,800 00 

500 00 
400 00 

1,100 00 

4,000 00 
37,800 00 



)> 10,700 00 



244 



HOME INSURANCE CO. 



Des Moines & Fort Dodge Railroad bonds, , 
Ports. & Suffolk Company of Virginia bonds, 
Macoupin County (111.) Court House bond, 
37 shares Western Union Telegraph Co., 
250 " National Bank of the Republic, . 
Sioux City Improvement bond, 
Albemarle & Chesapeake Canal Co. bonds, 



Market Value. Loaned Thereon. 



$5,800 00 ^ 
2,500 00 \ 
500 00 j 
3,228 25 
38,750 00 
500 00 
5,500 00 



$5,000 00 

1,000 00 
25,000 00 

5,000 00 



$168,305 75 $125,100 00 



Summary of Assets Dec. 31, 1894.* 

Cash value of unencumbered real estate, . $1,606,572 17 

Loans on mortgage of real estate (first liens f), 519,894 34 

Interest due or accrued thereon, . . . 11,289 34 

Stocks and bonds, as per schedule, . . . 5,886,397 44 

Loans on collateral security, as per schedule, . 125,100 00 

Cash deposited in bank, 410,495 19 

Interest due and accrued, 35,234 88 

Premiums in course of collection (gross), . 814,398 85 

Notes taken for marine and inland risks, . 5,637 96 
Premiums more than 3 months due, $4,300 CO 
Bills receivable, .... 402 40 

Gross assets, $9,475,020 17 

Deduct special deposits in other States, 135,500 00 



Balance, $9,339,520 17 



Liabilities. 

Losses adjusted, Unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Dividends to stockholders, unpaid, . 
Commissions and brokerage, . 



$95,298 79 

584,005 98 

58,684 29 



$737,989 06 
169,737 00 

$568,252 06 

4,548,672 00 

450 00 

76,223 54 



* The company holds, also, instalment premium notes to the amount of $701,995.95, which do 
not enter into nor form any part of the assets of the company, as no portion of them is earned. 
Whatever value is attached to them would necessarily be counterbalanced by the addition of an 
exactly equal amount to the reinsurance liability, the entire sum consisting of " unearned pre- 
miums." 

t Value of lands mortgaged $823,485 00 

Value of buildings thereon, 549,475 00 

Amount of insurance held as collateral 349,150 00 



HOME INSURANCE CO. 



245 



Reinsurance, $75,194 16 

Reinsurance disallowed, . 8,928 99 

Gross liabilities, except capital,. . . $5,277,720 75 

Deduct liability on special deposits, . . 109,931 25 



Surplus as regards policy-holders, . 
Paid-up capital, 

Surplus over capital, . 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, . . . . . 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 



$5,167,789 50 

. $4,171,730 67 
. 3,000,000 00 

. $1,171,730 67 



Entire premiums collected, .... $247,428 79 
Less reinsurance and return premiums, . . 63,833 64 

Net cash marine premiums received, . 

Interest received on mortgages, 

Interest and dividends received from all other sources, 

Income from rents, ..... 

Gross cash income, .... 



Expenditures 
Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees 
for State and local taxes, 
for rent and incidentals, . 

Gross cash expenditures, . 



$931,746 81 
1,609 02 

$930,137 79 
5,806,678 44 

$6,736,816 23 
786,719 04 

$5,950,097 19 
1,336,146 65 

$32,927 89 
246,481 31 



$4,613,950 54 



f279,409 20 
31,980 41 



183,595 15 

40,104 04 

244,810 27 

108,853 04 

. $5,191,313 04 



$3,421,043 52 
502,800 79 

$105,279 46 
28,916 46 



$2,918,242 73 



76,363 00 
299,550 00 
845,133 43 
400,010 85 

97,230 15 
376,926 22 



}5,01 3,456 38 



246 



THE INSURANCE CO. OF NORTH AMERICA. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 

Total, 

Deduct risks expired and terminated 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



Marine risks outstanding Dec. 31, 1893, 
Murine risks written during 1894, 

Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



$966,666,727 00 
608,722,254 00 



Premiums. 

$9,494,688 00 
5,806,678 44 



1,575,388,981 00 
632,870,172 00 



$15,301,366 44 
5,977,379 44 



$942,518,809 00 
96,010,320 00 



$9,323,987 00 
554,765 00 



$846,508,489 00 $8,769,222 00 



$6,182,740 00 
63,728,324 00 

$69,911,064 00 
62,689,086 00 



$158,259 00 
246,481 31 



$404,740 31 
221,709 31 



$7,221,978 00 
1,256,775 00 



$183,031 00 
28,425 00 



$5,965,203 00 $154,606 00 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . 



$106,043,939 00 
64,211,661 00 
2,852,097 00 
74,946 00 
9,415,000 00 
300,000 00 
138,800 00 



"PRESIDENT AND DIRECTORS OF THE INSURANCE COMPANY 
OF NORTH AMERICA,' 1 PHILADELPHIA, PA. 

[Incorporated April 14, 1794. Commenced business 1792.] 

Paid-up Capital, $3,000,000. 

CHARLES PLATT, President. GRKVILLE E. FRYER, Secretary. 



Detailed Statement of Stocks 



Boston city bonds, 
Richmond, Va., city bonds, 
Georgia State bonds, 
Baltimore water bonds, 
Toledo city bonds, 
Cincinnati city bonds, 
Belgian government bonds, 
Providence city bonds, 



and Bonds. 

Par Value. 

$112,000 00 
53,000 00 
25,000 00 
200,000 00 
1,000 00 
39,000 00 
49,000 00 
25,000 00 



Market Value. 

$122,080 00 

53,000 00 

28,000 00 

200,000 00 

1,100 00 

43,680 00 

49,000 00 

26,500 00 



THE INSURANCE CO. OF NORTH AMERICA, 



247 



Burlington city bonds, .... 
East Lincoln (111 ) bonds, 
City of Montreal bonds, .... 
Western Springs, Cook Co., 111., warrants, 
City of Chicago warrants, 
Pennsylvania Railroad bonds, . 
Philadelphia & Reading Railroad bonds, 
North Pennsylvania Railroad bonds, 
Belvidere & Delaware Railroad bonds, . 
Pennsylvania & N. Y. Canal & R.R. bonds, 
Lehigh Valley Railroad bonds, 
Delaware Division Canal bonds, 

French rentes, 

Lehigh Coal and Navigation Company, . 

Easton & Amboy Railroad Company, 

Philadelphia & Erie Railroad, . 

Chicago & Western Indiana Railroad bonds, 

Northern Central Railway bonds, . 

Pitts., McKeesp't & Youghiogheny Railroad, 

Lehigh Valley Railroad bonds, 

The Belt R.R. and Stock Yard Company bonds 

Bergen County Railroad bonds, 

Car Trust of New York bonds, 

New York & Long Branch Railroad bonds, 

100 shares Philadelphia National Bank, 
40 " Philadelphia Bourse, . 

228 " Chesapeake and Del. Canal Co., 
1,000 " Ins. Co. of N. America, $10,000 00 
Atlantic Mutual Insurance scrip, 
Philadelphia & Baltimore Central Railroad, 
Delaware & Chesapeake Railroad bonds, 
Steubenville & Indiana Railroad bonds, . 
Corning, Cowanesque & A. R.R. bonds, . 
New York, Lake Erie & Western R.R. bonds 
Terre Haute & Logansport R R. bonds, . 
Texas & Pacific Railway bonds, 
Louisville & Nashville Railroad, 
Lehigh Coal & Navigation bonds, . 
New York, West Shore & Buffalo R.R. bonds 
San Antonio & Aransas Pass Railway bonds, 
Wrecking Boat " North America 1 ' bonds, 
Canada & Atlantic Railroad bonds, . 
Jefferson Railroad bonds, .... 
McKeesport & Belle Vernon Railroad bonds 
Penn & New York Canal and R.R. bonds, 
Baltimore Belt Railroad bonds, 
Elizabeth Railroad of Austria bonds, 
Tioga Railroad bonds, .... 
Philadelphia & Heading Railroad bonds, 



Par Value. 

$12,000 00 
10,000 00 

111,000 00 
19,673 08 
17,625 00 

430,000 00 

350,000 00 
80,000 00 
50,000 00 
30,000 00 

200,000 00 

15,000 00 

5,800 00 

5,000 00 

100,000 00 

150,000 00 
90,000 00 
11,000 00 
50,000 00 
35,000 00 
50,000 00 
50,000 00 
34,000 00 

150,000 00 

10,000 00 

2,000 00 

11,400 00 

6,970 00 

100,000 00 

100,000 00 

200,000 00 

28,000 00 

231,000 00 

50,000 00 

14,000 00 

66,000 00 

50,000 00 

25,000 00 

21,000 00 

20,000 00 

20,000 00 

30,000 00 

20,000 00 

50,000 00 

30,000 00 

40,000 00 

5,000 00 

150,000 00 



Market Value. 

$12,480 00 
10,000 00 

111,000 00 
19,673 08 
17,625 00 

497,500 00 

437,500 00 
99,000 00 
54,500 00 
37,500 00 

245,000 00 

14,250 00 

5,800 00 

6,500 00 

108,000 00 

177,000 00 
99,000 00 
12,760 00 
62,500 ho 
35,350 00 
52,500 00 
50,000 00 
34,000 00 

168,000 00 

18,000 00 

1,000 00 

250 00 

6,970 00 

105,000 00 
95,000 00 

218,000 00 
29,400 00 

249,000 00 
52,500 00 
15,400 00 
73,260 00 
52,500 00 
26,500 00 
12,180 00 
20,000 00 
15,000 00 
30,000 00 
24,000 00 
47,500 00 
31,200 00 
40,000 00 
5,000 00 

156,000 00 



248 



THE INSURANCE CO. OF NORTH AMERICA. 



Lehigh Valley bonds, 

Cincinnati, Hamilton & Dayton 11. R. bonds, 

Camden & Atlantic bonds, 

Northern Pacific Railroad bonds, 

Cleveland, Lorain & Wheeling 11 11. bonds, 

Prospect Brewing Co. bonds, . 

City of Columbus (O.) bonds, . 

City of Portland (Ore.) bonds, 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Reinsurance due, .... 
Bills receivable, .... 
Gross assets, .... 
Deduct special deposits in other States, 

Balance, 

Liabilities 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Commissions and brokerage, . 

Reinsurance, 

Bills payable, ..... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits. . 

Surplus as regards policy-holders, . 
Paid-up capital, .... 

Surplus over capital, . 



Par Value. 

$140,000 00 
50,000 00 
50,000 00 
5,000 00 
60,000 00 
2.1,000 00 
25,000 00 
50,000 00 



Market Value. 

1145,600 00 

51,000 00 

.02,500 00 

5,000 00 

50,500 00 
25,000 00 
26,000 00 
56,500 00 



* Total value of property mortgaged, . 
Amount of insurance held as collateral, 



$4,235,468 08 $4,626,558 08 

31, 1894. 

$346,804 00 

2,626,883 76 

37,088 60 

4,626,558 08 

17,500 00 

815,497 04 

964,057 27 

64,213 49 

12,280 35 

82,054 34 

$9,592,936 93 

242,000 00 



. f9,350,936 93 



$109,681 91 

41.5,413 09 

30,761 09 

$553,856 09 
180,951 75 

$372,904 34 
3,146,618 23 

772,604 02 

36,700 00 

6,885 05 

43,648 27 

33,006 55 

$4,412,366 46 
139,284 96 



4,273,061 50 

$5,077,855 43 
3,000.000 00 



. |3,07735a 43 



$6,MK£5S 00 

2,419,16-: 00 



THE INSURANCE CO. OF NORTH AMERICA. 



249 



Income. 
Fire premiums outstanding Dee. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 

Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from r^erpetual deposits, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



$2,613,849 25 
1,131,806 52 



Expenditures. 

Cash paid for fire losses, $2,316,811 55 

Deduct salvage and reinsurance, . . . 89,653 67 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 
Deposits returned on perpetual fire risks, . $17,323 90 

Gross cash expenditures, . 

Risks and Premiums. 



$562,085 50 
4,420,653 85 



$4,982,739 35 
638,972 42 

$4,343,766 93 
737,119 74 

$470,679 81 
2,504,750 66 

$2,975,430 47 
389,298 34 

$2,586,132 13 
716,790 75 



sources, . 
$18,687 75 



$3,606,647 19 



1,869,341 38 

160,096 01 

230,490 22 

1,363 85 

$5,867,938 65 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 
Perpetual risks in force (not included above), $33,519,356 00 



$603,099,742 00 
551,161,096 00 

il, 154,260,838 00 
551,470,191 00 

$602,790,647 00 
17,675,663 00 

$585,114,984 00 



$2,227,157 88 

1,512,042 73 
360,000 00 
877,016 76 
267,346 38 
113,065 33 
328,026 72 

$5,684,655 80 

Premiums. 

$5,665,105 91 
4,420,653 Si) 



10,085,759 76 
4,378,688 78 



$5,707,070 98 
170,085 11 



$5,536,985 87 
$848,329 35 



250 



INSURANCE CO. OF THE STATE OF PENNSYLVANIA. 



Marine risks outstanding Dec. 31, 1893, . 
Marine risks written dining 1894, . 

Total 

Deduct risks expired and terminated, 

Net amount in force, . 



Premiums. 

$16,539,000 00 $338,809 18 
393,886,542 00 2,504,750 66 



1410,425,542 00 $2,843,619 84 
388,761,832 00 2,476,502 31 



$21,663,710 00 $367,117 53 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by director- 



$115,581,326 00 

81,439,448 00 

2,104,384 00 

1,412,843 00 

12,933,934 00 

360,000 00 

261,060 00 



"INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA," 

PHILADELPHIA, PA. 

[Incorporated April 28, 1794. Commenced business Nov. 5, 1794.] 
Paid-up Capital, $200,000. 
GEO. G. CliOWELL, Iresichnt. A. B. EARLE, Secretary. 



Detailed Statement of Stocks 



20 shares Philadelphia National Bank, . 
Harrisburg, P. L. & Mt. Joy Railroad bonds, 
Car Trust of New York bond-, 
Chicago & W. Indiana Railroad bonds, . 
Corning, Cowanesque & Antrim R R. bonds, 
Shamokin, Sun bury & L. Railroad bonds, 
Terre Haute & Logan sport Kail road bonds, 
Steubenville & Indiana Railroad bonds, . 
Long Dock Company bonds, . 
Pittsburgh Junction Railroad Company, . 
St. Paul & Northern Pacific Railroad bonds, 
Sunbury, H. & Wilkesbarre Railroad bonds, 
Northern Central Railroad bonds, . 
City of Quincy bonds, .... 
Wabash Railroad Company bonds, . 
Syracuse, Geneva & Cor. Railroad bonds, 



and Bonds. 

Par Value. 

$2,000 00 

15,000 00 

6,000 00 

10,000 00 

6,000 00 

10,000 00 

20,000 00 

30,000 00 

10,000 00 

10,000 00 

10,000 00 

4,000 00 

10,000 00 

10,000 00 

14,000 00 

7,000 00 



Market Value. 

|3,600 00 

15,900 00 

60 00 

12,650 00 

6,300 00 
10,200 00 
21,000 00 
33,000 00 
13,250 00 
13,000 00 
11,800 00 

4,253 33 

10,600 00 

10,500 00 

^0 00 

25 00 



$174,000 00 $190,018 33 



Summary op Assets Dec. 31, 1894. 
Cash value of unencumbered real estate, . $325,531 77 
Loans on mortgage of real estate (first lieus*), 74,250 00 



* Total value of property mortgaged, $155,000 00 

Amount of insurance held as collateral, .... 49,30000 



INSURANCE CO. OF THE STATE OF PENNSYLVANIA. 



251 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents due and accrued, .... 

Reinsurance, etc., 

Gross assets, 



$1,974 91 

190,018 33 

930 55 

67,850 55 

250 00 

44,308 64 

1,963 25 

6,999 30 

24,835 33 



$738,912 63 



Liabilities. 
Losses adjusted, unpaid, .... 

Losses claimed and reported, . 

Unearned premiums on outstanding risks, 

Reclaimable on perpetual fire policies, . 

Due for borrowed money, 

Commissions and brokerage, . 

Reinsurance, 

Contingent reserve, 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, . 



$7,859 69 

27,373 31 

175,823 76 

200,456 36 

45,000 00 

8,784 23 

5,749 40 

5,000 00 



476,046 75 



$262,865 88 
200,000 00 

$62,865 88 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, . 

Gross cash income, .... 

Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash paid for commissions and brokerage, 

Cash paid for salaries of officers and employees, 



$48,001 52 
391,094 54 

$439,096 06 
44,308 64 



$394,787 42 
101,661 73 



sources, 



1,781 95 



$230,890 77 
23,323 76 



$293,125 69 

3,778 38 

7,219 51 

11,430 68 

1,637 71 

$317,191 97 



$207,567 01 
77,582 00 
22,285 89 



252 lumbermen's insurance oo. 



Cash paid for State and local taxes, . . . $3,961 71 

Cash paid for incidental s, 7,598 47 

Deposits returned on perpetual fire risks, . . . $6,652 50 



Gross cash expenditures, $318,995 08 

Risks and Pi: emu 

Premiums. 

Fire risks outstanding Dec. 31, 1893, . $44,579,963 00 $521,367 18 

Fire risks written during 1894, . . . 29,300,034 00 391,094 54 



Total, 173,879,997 00 |9 12,461 72 

Deduct risks expired and terminated, . . 35,532,002 00 436,375 63 

In force at end of year, $38,347,995 00 $476,086 09 

Deduct amount reinsured, .... 10,142,592 00 105,206 60 



Net amount in force, $28,205,403 00 $370,879 49 

Perpetual risks in force (not included above), .$6,802,316 00 $290,381 71 

Miscellaneous. 
Premiums received from organization of company, . $20,673,690 00 
Losses paid from organization of company, .... 16,429,125 00 

Fire losses incurred during the year, _',442 00 

Cash dividends declared from organization of company, . 4,261,406 00 
Company's stock owned by directors, 28,400 00 



"LUMBERMEN'S INSURANCE COMPANY," PHILADELPHIA, PA. 

[Incorporated June 2, 1S73. Commenced business Dec. 11, 1873.] 

Paid-up Capital, $260,000. 
LEWIS DAVIS, President. OLIVER H. HILL, Secretary. 

Detailed Statement ok Stocks and Bonds. 

Par Value. Market Value. 

Susquehanna Coal Company bonds, . . $12,000 00 $13,860 00 

Shamokin Valley & Pottsville R.R. bonds, 

Pleasantville & Ocean City Railroad bonds, 

Steubenville & Indiana Railroad bouds, . 

Richmond & Danville Railroad bonds, 

Huntingdon & Broad Top Car Trust cert'-, 

Philadelphia & Reading Railroad bonds, . 

Summit Branch Railroad bonds, 

Camden & Atlantic Railroad bonds,. 

Mortgage Trust Company of Pa. bonds, . 

Lehigh Valley Railroad Company bonds. 

Car Trust of New York certificates, 



7,000 00 8,120 00 

10,000 00 10,300 00 

15,000 00 16,350 00 

5,000 00 6,050 00 

5,000 00 5.125 00 

5,000 00 3,750 00 

10,000 00 10,350 

10/XX) 00 10,500 

5,000 00 5,020 00 

10,000 00 13,500 00 



7,000 oo :o oo 

Northern Pacific Railroad bonds, . 1,000 00 1,000 00 



lumbermen's INSURANCE CO. 



253 



Grand Rapids & Indiana Railroad bonds, 

West Jersey Railroad bonds, . 

Chicago, St. Louis & Pittsburg Railroad bonds 

Mortgage Trust Company of Pennsylvania, 

Master Builders 1 Exchange bonds, . 

Car Trust of New York certificates, 

West Jersey Railroad bonds, . 

Sunbnry, Hazleton & Wilkesbarre R.R. bonds, 

Shatnokin, Sunbury & Lewisburg R.R, bonds 

Pennsylvania Steel Company bonds, 

Lehigh Valley Railroad bonds, 

Texas & Pacific Railroad bonds, 

Ohio River Railroad bonds, 

Lehigh Valley Railroad bonds, 

Cincinnati, Richmond & Ft. Wayne R.R. bonds 

Detroit, Bay City & Alpena Railroad bonds, 

Cambria & Clearfield Railroad bonds, 

Duluth Street Railway Company bonds, . 

St. Louis Merchants 1 Bridge Company bonds, 

Minneapolis General Electric Company, . 

Elec. R ? y, Light & Power Co., Sedalia, Mo., 

Broadway & Seventh Avenue Railroad Co., 

Lehigh Traction Company bonds, . 

Hartman General Electric Co., Duluth, bonds 

Superior Water, Light & Power Co. bonds, 

St. Paul Gas Light Company bonds, 

10 shares Philadelphia Bourse stock, 

Securities held as collateral for cash loans : - 

165 shares Minn. Title Ins. & Trust Co., . ) 
Belt Line Elevator Co., Superior, Wis., b^s, S 
45 shares 13th & 15th St. Pass. Railway, . 
200 shares Columbus & Xenia Railroad, . 
Pittsburgh, Cincinnati & St. Louis R.R. bonds, 
84 shares Citizens 1 Passenger Railway, . 
17 shares Jefferson Fire Insurance Co., . 



Par Value. 

n o,ooo oo 

3,000 00 
10,000 00 
10,000 00 
10,000 00 

9,000 00 
26,000 00 

8,000 00 
10,000 00 
10,000 00 
10,000 00 
11,000 00 

5,000 00 
13,000 00 
30,000 00 
10,000 00 
10,000 00 
20,000 00 
10,000 00 
20,000 00 

8,000 00 
10,000 00 
15,000 00 
10,000 00 
10,000 00 
10,000 00 
500 00 



Market Value 

$2,500 00 

3,420 00 
11,400 00 
10,250 00 
10,125 00 

8,280 00 
30,160 00 

8,400 00 
10,300 00 

9,500 00 
12,500 00 

9,570 00 

5,000 00 
13,325 00 
35,100 00 

5,000 00 
10,350 00 
20,000 00 
10,400 00 
19,000 00 

7,200 00 
11,050 00 
15,000 00 
10,200 00 
10,000 00 

8,900 00 
250 00 



$410,500 00 $418,175 00 



Market Value. 

f 16,875 00 

10,350 00 

16,000 00 

9,280 00 

22,900 00 

2,125 00 



Loaned Thereon. 

$13,000 00 

5,000 00 
7,000 00 
8,000 00 
4,000 00 
1,500 00 



$77,530 00 $38,500 00 



Summary op Assets Dec. 31, 1894. 
Cash value of unencumbered real estate, . $72,050 00 

Loans on mortgage of roal estate (first liens*), 406,471 53 
Interest due or accrued thereon, . . . 9,703 71 

Stocks and bonds, as per schedule, . . . 418,175 00 
Loans on collateral security, as per schedule, . 38,500 00 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$450,000 00 
550,000 00 
362,500 00 



254 



lumbermen's INSURANCE CO. 



Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due or accrued, .... 
Premiums in course of collection (gross), 

Ground rent, 

Reclaimable on perpetual policies, etc., . 
Premiums more than S months due, . $21 v 
Gross asset-, 



HOC 81 

32,743 13 

650 87 

23,137 30 

1.000 00 

3,315 65 



$1,005,854 30 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding riskfl 
Reclaimable on perpetual lire policies, 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, etc., 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



$1,419 00 
11,631 87 

4,875 00 

$17,925 87 
1,166 64 



$16,759 23 

108,687 00 

229,391 26 

1,353 25 

5,254 94 

397 92 

3,139 36 



364,982 96 



$640,871 34 
250,000 00 

$390,871 34 



Income 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash tire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, 

Income from rents, .... 

Income from all other sources, 

Gross cash income, . 



$18,386 63 
190,230 41 

£214,617 04 
23,355 30 

$191,261 74 
41,283 35 



$149,978 39 

22,787 92 

24,895 75 

3,123 70 

627 53 

$201,413 29 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 



$89,785 40 
5,980 89 



$83,S04 51 



THE MECHANICS* INSURANCE CO. OF PHILADELPHIA. 255 



Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



Gross cash expenditures, 



$20,000 00 

32,177 22 

11,940 00 

6,167 05 

9,266 58 

$163,355 36 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

.$20,102,367 00 $229,762 13 
. 18,294,821 00 196,230 41 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $38,397,188 00 $425,992 54 
. 18,996,260 00 200,325 69 



.$19,400,928 00 $225,666 85 
. 1,066,385 00 12,544 59 



$18,334,543 00 $213,122 26 



Perpetual risks in force (not included above), $9,270,993 00 $254,879 17 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



1,657,157 00 

874,437 00 

83,647 00 

288,000 00 

20,000 00 

80,800 00 



" THE MECHANICS' INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 13, 1854. Commenced business May 4, 1854.] 

Paid-up Capital, $250,000. 

SIMON J. MARTIN, President. JOHN A. SNYDER, Secretary. 



Detailed Statement of Stocks and Bonds. 



Phila., Wilmington & Baltimore R.R. bonds, 
Union Passenger Railway bonds, 
Allegheny Car Trust bonds, 
Lombard & South Streets Pass. Railway, 
Steubenville & Indiana Railroad bonds, . 
Borough of Clifton Heights, Penn., bonds, 
Schuylkill River, East Side, Railroad bonds, 
City of St. Louis bonds, .... 
Northern Pacific Terminal bonds, . 
City of Leavenworth, Kansas, bonds, 
100 shares Union Passenger Railway, 



Par Value. 

$5,000 00 
20,000 00 

2,000 00 
20,000 00 
25,000 00 

G,000 00 
30,000 00 
10,000 00 
10,000 00 
10,000 00 

5,000 00 



Market Value. 

$5,290 00 
22,000 00 

2,000 00 
20,400 00 
26,500 00 

6,000 00 
33,000 00 
10,000 00 

9,600 00 
10,000 00 
20,100 00 



256 THE MECHANICS* EttSUBANCE CO. OF PHILADELPHIA. 



Columbus & Cincinnati Midland B.R. certfl , 
City of Harrisburg bonds, 
Phila., Wil. & Baltimore Railroad certificates 
Phila. & Erie Railroad bond-. 
Bell's Gap Equipment Trust bonds, 
North Pennsylvania Railroad bonds, 
Catawissa Railroad bonds, 
Savannah & Western Railroad bonds, 
Sunbury & Lewiston Railway Co. bonds, 
30 shares 13th & loth Streets Pa--. Railway, 
20 shares 2d & 3d Streets Pass. Railway, 
Philadelphia city bonds, .... 



Far Value. 

.000 00 

5,000 00 

10,000 00 

28,000 (JO 

10,000 00 

11,000 00 

9,000 00 

.0,000 00 

8,501 

00 

1,000 00 

15,000 00 



Market Value. 

18,660 00 

o,000 00 
10,2' 

10,0- 
11,3: 

9,9'j 

2,7.v 

3,6« 

6,96i. 00 

'0 00 

15,000 00 



Securities held as collateral for cash loan- 
People's Pass. Railway trust certith-at. 
200 shares Northern Pacific R.R., 
366 : ' Merchants' Trust Company, . 
100 " Hannis Distributing Company, 
400 " Philadelphia & Reading R.R.Vo., . 



$252 I $281,135 00 



Market Value. Loaned Thereon. 

$13,12-". 

$15,000 00 



ooS 



13,000 00 
2,700 00 



8,50' 



$34,200 00 $23,500 0o 



SUMXARI or A>sets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



31, 1894. 

$81,000 00 
324,735 00 

4.77 

1,135 00 
23,500 

9(>7 71 

35,281 18 

3,879 12 

44,646 49 

130 32 



$799,984 88 



Liabilities. 

Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Dividends to stockholders, unpaid, . 



$5,616 19 

23,732 80 

4,773 95 

151,163 27 

211,177 63 

71 00 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$735,000 00 
•279,300 00 



THE MECHANICS' INSURANCE CO. OF PHILADELPHIA. 257 



Commissions and brokerage, . 
Return premiums, .... 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 



Surplus over capital, 



$10,778 20 
7,366 45 



$414,679 49 



. $385,305 39 
250,000 00 



. $135,305 39 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



$43,515 34 
308,744 52 

$352,259 86 
45,552 34 

$306,707 52 
55,745 28 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Income from rents, 

Income from transfers and surveys, .... 



$250,962 24 

15,664 49 

15,675 29 

3,800 94 

308 13 



Gross cash income, $286,411 09 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

for expenses on real estate, 

Gross cash expenditures, .... 



$153,697 08 
2,036 13 



#151,660 95 

20,000 00 

65,222 49 

9,979 98 

5,027 80 

10,572 60 

138 68 

$262,602 50 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1893, . $28,552,692 00 $278,209 21 

32,816,573 00 308,744 52 



Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

Net amount in force, . . . .$29,291,235 00 $284,873 16 

Perpetual risks in force (not included above), $10,488,406 00 $231,891 20 



$61,369,265 00 
32,078,030 00 



$586,953 73 
302,080 57 



258 



MERCHANTS INSURANCE CO. OF NEWARK. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



f2,358,899 00 
1,289,276 00 
14.- 

440,660 00 
20,000 00 
52,500 00 



"MERCHANTS' INSURANCE COMPANY OF NEWARK," 

NEWARK, N.J. 

[Incorporated Feb. 18, 1858. Commenced business April 18, 1858.] 

Paid-up Capital, $400,000. 

Q. LEE STOUT, President. J. R. MULLIK1N, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Morris & Essex Railroad stock, . . . $25,000 00 £40,625 00 

United New Jersey R.R. Canal Co. stock, . 15,000 00 35,400 00 

Newark Gas Light Company stock, . . . 10,000 00 30,000 00 

Citizens' Gas Light Company stock, . . 13,700 00 29,455 00 

Warren Railroad stock, 36,050 00 57,680 00 

United States bonds 25,000 00 28,312 50 

New Jersey Southern Railroad bonds, . . 30,000 00 31,650 00 

Long Branch & Sea Shore Railroad bonds, . 5,000 00 5,500 00 

Midland Railroad of New Jersey bonds, . . 100,000 00 117,000 00 

Newark & Bloomfield Horse Car R.R. bond-. . 10,000 00 11,000 00 

Belleville & Newark Horse Car R.R. bonds, . 1,000 00 1,100 00 

Irvington & Newark Horse Car R.R. bonds, . 3,000 00 3,300 00 

American Dock and Improvement bonds, . 50,000 00 57,000 00 

Underwriters' Protective Asso'n, Newark, . 500 00 500 00 

Long Branch school bonds, .... 11,00000 11,88000 

North Hudson Countv R.R. bonds, . . . 40,000 00 41,400 00 



$375,250 00 $501,802 50 



Summary of Assets Dec 

Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens*), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, 

Cash in the office of the company, 

Cash deposited in bank, . 

Interest due and accrued, . 



31, 1894. 

$302,948 25 

323,025 00 

6,029 15 

501,802 50 

8,510 9-4 

29,145 36 

7,704 88 



* Value of lands mortgaged $330,150 00 

Value of buildings thereon 463,500 00 

Amount of insurance held as collateral 359,650 00 



MERCHANTS* INSURANCE CO. OF NEWARK. 



259 



Premiums in course of collection (gross), 

Reinsurance, etc., 

Premiums more than 3 months due, .$1,989 19 

Gross assets, .... 

Deduct special deposits in other States, . 



Balance, 



$129,651 60 
8,474 80 



$1,317,292 48 

28,312 50 

$1,288,979 98 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, 
State and local taxes, 
Commissions and brokerage, . 
Return premiums and reinsurance, 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, 
Paid-up capital, 



Surplus over capital, 



Income 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, etc., . 



Gross cash income, 



other 



$42,176 40 
31,899 88 
27,027 32 

$101,103 60 

2,608 75 



1,494 85 

593,398 18 

385 00 

84 52 

725 83 

25,541 29 

16,300 00 

2,300 00 

$737,229 67 
10,219 50 



$136,082 54 
4,942 34 

$131,140 20 
972,581 96 

$1,103,722 16 
131,640 79 

$972,081 37 
190,302 43 



sources, 



727,010 17 



$561,969 81 
400,000 00 

$161,969 81 



$781,778 94 
18,735 29 
22,283 87 
11,542 85 



$834,340 95 



260 



MERCHANTS INSURANCE CO. IX PROW DEN 



EXPENDITI 

Cash paid for fire losse- 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for redemption of scrip, 

Interest paid scrip-holders, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local tai 

for incidental-. .... 

Gross cash expenditures, .... 



$525,017 80 
15,849 04 



|509,7(M 

24,000 oo 

2 88 

140,262 34 

.900 39 

93,783 31 

$835,<»87 44 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during l v 



Risks and Premiums. 

rremlnma. 

$11* 66 00 $: - 77 

84,160,387 00 972,581 9G 



Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$202,215,952 00 $2 

92,745,502 00 1,038,519 14 



$109,470,450 00 $1,218,113 59 
1,952,355 00 18,852 77 



$107,518,095 00 $1,199,860 82 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the vear, .... 
Cash divideuds declared from organization of company, 
Dividends declared during the year, .... 
Company's stock owned by directors, .... 



f 13,468,428 00 
7.773,508 00 
- 814 00 
908,219 00 
24,000 00 
89,625 00 



"MERCHANTS' INSURANCE COMPANY IX PROVIDENCE. 

PROVIDENCE, R. I. 

[Incorporated May, 1851. Commenced business July, 1851.] 
Paid-up Capital, $200,000. 
W. T. BARTON, President. W. P. GOODWIN, Secretary. 



1,600 shares National Bank of Commerce, 



1,000 
400 
200 
467 
200 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

f80,000 00 f 77,600 00 

50,000 00 49,000 00 

20,000 00 25,600 00 

10,000 00 10,800 00 

,350 00 " -7 00 

14.7 



American National Bank, 
Merchants' National Bank, 
Globe National Bank, . 
Providence Gas Company, 
Phenix National Bank, 



MERCHANTS INSURANCE CO. IN PROVIDENCE. 



2G1 



257 shares Mechanics' National Bank, 
102 " Manufacturers 1 National Bank, 
100 " St. Paul & Duluth R.R., . 

5 " Underwriters' Salvage Co., 
Chicago, Burlington & Northern R.R. bonds, 
Eastern Railroad of Minnesota bonds, 
Town of Pawtucket, R. I., bonds, 
Lowell Street Railway Co bonds, . 
Minneapolis Street Railway Co bonds, . 



Securities held as collateral for cash loans : - 

New Haven & Derby Railroad bonds, 
Wisconsin Central Improvement bonds, . 
13 shares Boston & Providence Railroad, 
10 shares Nat'l B'k of Commerce, Prov., R. L, 



Par Value. 

$ 12,850 00 

10,200 00 

10,000 00 

500 00 

10,000 00 

10,000 00 

5,000 00 

5,000 00 

5,000 00 



Market Value. 

$14,006 50 

13,974 00 

9,000 00 

500 00 

10,200 00 

10,400 00 

5,100 00 

5,000 00 

4,750 00 



$261,900 00 $287,977 50 

Market Value. Loaned Thereon. 

$4,500 00^ 
540 00 



3,380 00 , 

485 00 j 



} $7,440 00 



$8,905 00 $7,440 00 



Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens*), $82,800 00 

Interest due or accrued thereon, . . . 1,008 46 

Stocks and bonds, as per schedule, . . . 287,977 50 

Loans on collateral security, as per schedule, . 7,440 00 

Cash in the office of the company, . . . 2,372 95 

Cash deposited in bank 60,363 02 

Rents due and accrued, 480 71 

Premiums in course of collection (gross), . 10,645 69 

Notes taken for fire risks, .... 12,524 16 

Gross assets, f $465,612 49 

Liabilities. 
Loans adjusted, unpaid, $3,539 01 

claimed and reported, .... 20,551 84 

disputed or resisted, .... 4,857 44 

Unearned premiums on outstanding risks, . 187,300 45 

State and local taxes, 294 63 

Commissions and brokerage, .... 2,201 71 

Reinsurance disallowed, 160 65 

Gross liabilities, except capital, . . 219,205 73 

Surplus as regards polic\~-holders, $246,406 76 

Paid-up capital, . . 200,000 00 

Surplus over capital, $46,406 76 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$102,400 00 
125,000 00 
107,500 00 



t Including $25,000 special reserve fund held under Rhode Island law. 



262 



MERCHANTS INSURANCE CO. IN PROVIDENCE. 



Income. 
Fire premiums outstanding Dec. 31, 1893, . $38,891 44 
Same not collected, 265 46 

Net collected, 138,625 98 

Premiums on risks written or renewed, . . 318,245 56 

Total, $ 356,871 54 

Premiums now in course of collection, . . 37,901 18 

Entire premiums collected, .... $318,970 36 
Less reinsurance and return premiums, . . 46,882 84 

Net cash fire premiums received, . . . $272,087 52 

Interest received on mortgages, 4.155 02 

Interest and dividends received from all other sources, . . 15,625 06 

Gross cash iucome, $291,867 60 



EXPEHDITUR] 

Cash paid for fire losses, $159,060 21 

Deduct salvage and reinsurance, . . . 1,899 82 

Xet cash paid for fire losses, .... 

( lash dividends paid, 

Cash paid for commissions and brokerage, . . . . 

for salaries of officers and employees, . 

for State and local taxes, 

Gross cash expenditures, 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



. $31,418,961 00 
. 26,322,888 00 



Total, $57,741,849 00 

Deduct risks expired and terminated, . . 26,467,304 00 



In force at end of year, 

Deduct amount reinsured, 

Net amount in force, . 



.$31,274,545 00 
630,433 00 



$157,160 39 

12,000 00 

53,065 47 

38,020 14 

7,381 66 

£267,627 66 



Premiums. 

$368,186 35 
318,245 56 

$686,431 91 
310,206 34 



?376,225 57 
7,397 31 



.$30,644,112 00 $368,828 26 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared duriug the year (6 per cent.), . 
Company's stock owned by directors, .... 



$7,528,145 00 

5,060,953 00 

148,329 00 

710,000 00 

12,000 00 

45.550 00 



MICHIGAN FIRE AND MARINE INSURANCE CO. 



263 



"MICHIGAN FIRE AND MARINE INSURANCE COMPANY," 

DETROIT, MICH. 

[Incorporated February, 1881. Commenced business March, 1881.] 

Paid-up Capital, $400,000. 
D. WHITNEY, Jr., President. F. H. WHITNEY, Secretary. 



Detailed Statement of Stocks and Bonds. 



People's Savings Bank stock, .... 
Cheboygan County bonds, .... 

Detroit city bonds, 

Marquette city bonds, 

Securities held as collateral for cash loans : — 

Peninsular Savings Bank stock, 

Deed of real estate, 



Par Value. 

$5,000 00 
12,500 00 
10,025 00 
32,000 00 



Market Value. 

$8,500 00 
12,500 00 
10,025 00 
33,600 00 



$59,525 00 $64,625 00 

Market Value. Loaned Thereon. 

$300 00 $300 00 

10,000 00 3,225 60 



$10,300 00 



1,525 60 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums and re-insurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 



Surplus over capital, 



$62,938 02 

516,160 00 

16,616 43 

64,625 00 

3,525 60 
15,085 78 
39,337 78 

1,246 12 
49,365 08 

1,462 67 



$3,383 19 

11,134 80 

2,040 00 

232,421 26 

6,751 80 

3,714 99 

111 83 



$770,362 48 



259,557 87 



$510,804 61 
400,000 00 



$110,804 61 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$857,220 00 
. 590,550 00 
. 377,825 00 



264 



MICHIGAN FIRE AND MARINE INSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1893, . 171,936 04 
Premiums on risks written or renewed, . . 118,350 12 

Total, |490,286 16 

Premiums now in coarse of collection, . . 19, 

Entire premiums collected, .... $440,92! 

I.' 38 reinsurance and return premiums, . . 92,773 83 

Net cash fire premiums received, . . . $348,147 25 

Marine premiums outstanding Dec. 31, 1893, . f 12,071 62 

Premiums now in course of collection, . . 1,462 67 

Entire premiums collected, .... $10,608 95 
Less reinsurance and return premiums, . . 3,685 60 

Net cash marine premiums received, . 6,923 35 

Interest received on mortgages, 34. 

Interest and dividends received from all other sources, . . 4,41 

Income from all other sources, 673 99 

Gross cash income, $395,057 11 



Expenditures 

( ash paid for fire losses, 

Deduct salvage and reinsurance, 

Xet cash paid for fire losses, .... 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses. 

Cash paid for commissions and brokerage, 
for salaries of officers and emplo 
for State and local taxes, . 
for rent and incidentals, . 

Gross cash expenditures, .... 



$222,707 32 
12,622 76 

$22,880 80 
5,42 



$210,084 56 



17,455 02 
68,775 36 
14385 26 

15,328 55 
37,992 46 

.521 21 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks written during 1893, . 
Deduct risks expired and terminated, 



Premiums. 

$550,588 90 

418,350 12 



$968,939 02 
471.716 69 



$44,262,617 00 

31,899,447 00 

$76,162,064 00 
36,253,619 00 

$39,908,445 00 
2,413,717 00 

$37,494,728 00 $474,512 74 

$12,071 62 
12,071 62 



22,709 59 



MIDDLESEX MUTUAL ASSURANCE CO. 



265 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



14,727,504 00 

2,594,034 00 

186,313 00 

166,000 00 

216,050 00 



"MIDDLESEX MUTUAL ASSURANCE COMPANY, 1 ' MIDDLE- 
TOWN, CONN.* 

[Incorporated June 2, 1836. Commenced business June 13, 1836.] 
O. VINCENT COFFIN, President. C. W. HARRIS, Secretary. 



Detailed Statement of Stocks 



Middletown, Conn., town bonds, 

Portland, Conn., town bonds, . 

Jefferson villc, Ind., city bonds, 

Evansville, Ind., city bonds, 

Delaware & Hudson Canal Company bonds, 

American Water Works bonds, 

Nebraska Loan & Trust Company, . 

N. Y., New Haven & Hart. R.R. certificates, 

200 shares N. Y. Cent. & Hudson River R R., 

250 ' 

300 ' 

200 ' 

400 ' 

150 

40 ' 

85 ' 

30 ■ 

10 ' 



Chic, Rock Island & Pacific R.R., 
New York, New Haven & Hart. R.R 
Chicago, Burlington & Quincy R.R , 
Chicago & Northwestern Railroad, 
Middletown National Bank, Conn., 
First Nat'l Bank, Middlet'n, Conn., 
Middlesex Co. N'l Bank, Middlet'n, 
Central Nat'l Bank, Middletown, . 
First National Bank, Portland, 



and Bonds. 

Par Value. 

$39,000 00 

100,000 00 

10,000 00 

5,000 00 

10,000 00 

10,000 00 

77,000 00 

12,000 00 

20,000 00 

25,000 00 

30,000 00 

20,000 00 

40,000 00 

11,250 00 

4,000 00 

8,500 00 

2,250 00 

1,000 00 



Market Value. 

|39,000 00 

100,000 00 

10,000 00 

4,500 00 

14,000 00 

9,000 00 

77,000 00 

16,560 00 

19,600 00 

15,500 00 

58,800 00 

14,200 00 

47,800 00 

15,075 00 

4,000 00 

8,500 00 

2,850 00 

1,000 00 



$425,000 00 $457,385 00 



Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, . $180,000 00 

Loans on mortgage of real estate (first liens f), 4,000 00 

Stocks and bonds, as per schedule, . . . 457,385 00 

Cash deposited in bank, 39,696 59 

Premiums in course of collection (gross), . 14,334 18 

Gross assets, 



$696,315 77 



* A mutual company 



t Value of lands mortgaged, 
Value of buildings thereon, 



$16,925 00 
2,700 00 



266 



MIDDLESEX MUTUAL ASSURANCE CO. 



LlAlUI.IIIF.-. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 
Unearned premiums on outstanding risks 
State and local tax 
Commissions and brokerage, . 
Reinsurance disallowed, . 
Gross liability 

Surplus as regards policy-holders, 

In< 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mort^asres, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, $110,743 86 



$258 00 

4,400 00 

1,300 00 

151,353 44 

4,151 06 

3,583 54 

159 89 



$165,205 93 
|531,109 84 



other 



$12,498 09 
84,743 68 

£97,241 77 
14,334 

fS2,907 59 
75 34 



sour 



$76,332 25 

311 00 

22,237 67 

11,862 94 



Kxi'KM'iri 
Cash paid for fire losses, .... 
for commissions and brokerage, 
for salaries of officers and emplo . 
for State and local taxes, 
for incidentals, .... 



Gross cash expenditures, . 

Risks and Premiums. 



f47,856 10 

11,900 26 

12,750 00 

7,114 70 

10,966 42 

> v.: -7 57 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force. . 

Miscellaneous 
Losses paid from organization of company. 
Fire losses incurred daring the vear, 



$37,632,064 00 
11,865,364 00 

$49,497,428 

10,814,361 00 

| 3,683,067 00 

21,000 00 

$38,662,067 00 $302,706 88 



£796,874 00 
47,856 00 



Premiums. 

$289,706 45 
84,743 

$374,450 13 
71,423 46 

$303,026 67 
319 79 



MILWAUKEE MECHANICS' INSURANCE CO. 



267 



"MILWAUKEE MECHANICS' INSURANCE COMPANY," 
MILWAUKEE, WIS. 

[Incorporated Feb. 15, 1852. Commenced business April 1, 1852.] 

Paid-up Capital, $200,000. 

CHRISTIAN PREUSSER, President. ADOLF J. CRAMER, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Milwaukee County bonds, .... $23,000 00 $25,012 50 

Milwaukee city bonds, 224,000 00 232.950 00 

Brown County, Wis., bonds, .... 32,000 00 34,720 00 

Oshkosh City, Wis., bonds, .... 30,000 00 32,100 00 

La Crosse City, Wis., bonds, . . . 35,000 00 37,100 00 

St. Paul, Minn., city bonds, .... 225,000 00 243,125 00 

Ramsey County, Minn., bonds, . . . 100,000 00 106,500 00 

Mil. Underwriters B'ld'g Assoc'n stock, . . 1,542 00 1,542 00 



$670,542 00 $713,049 50 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross) 
Gross assets, . 



$45,000 00 

1,083,876 47 

23,648 00 

713,049 50 

75,756 94 

68,168 93 

6,517 00 

60,829 07 



$2,076,845 91 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed aad reported, . 

disputed of resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Reinsurance, 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, ..... 



Surplus over capital, . 



$10,882 93 
36,314 82 
15,275 00 

679,091 27 
12,166 00 
40,660 60 



794,390 62 



. $1,282,455 29 
200,000 00 



$1,082,455 29 



* Value of lands mortgaged $1,741,300 00 

Value of buildings thereon, 600,000 00 

Amount of insurance held as collateral, .... 549,50000 



268 



MILWAUKEE MECHANICS' INSURANCE OO. 



Iv OM1 ■ 

Fire premiums outstanding Dec. 31, 1898, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Gross cash income, .... 



$82,474 04 
1,096,495 45 



81,178,969 49 

60,829 07 

$1,118,11 

202,952 32 



sources, 



$91. 

62,818 53 

29,670 00 

1,200 00 

<8,876 63 



Expenditures. 

Cash paid for lire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Casli dividends paid, 

Cash paid for commissions and brokerage, 
for salaries of officers and employ 
for State and local taxes, 
for incidentals, .... 

Gross cash expenditures, ... 



1578,052 77 
54,829 73 



$523,223 04 
40,000 00 
235,210 03 
44,377 28 
31,619 50 
49,892 10 

$924,321 95 



Risks and Premiim- 

Premiums. 

Fire risks outstanding Dec. 31, 1893, . $103,583,951 00 $1,304,969 59 
Fire risks written during 1894, . . 74,502,182 00 1,096,495 45 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 



£178,086,133 CO $2,401,465 04 
69,917,063 00 1,041,222 05 



f 108,169,070 00 $1,360,242 99 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (20 per cent.), 
Company ? s stock owned by directors, . 



$10,419,062 00 

. 5,249,148 00 

502,053 00 

460,000 00 

40,000 00 

-7.910 00 



MUTUAL FIRE INSURANCE CO. IN THE CITY OF NEW YORK. 269 

"MUTUAL FIRE INSURANCE COMPANY IN THE CITY OF 

NEW YORK," N. Y. 

[Incorporated Feb. 1, 1869. Commenced business June 19, 1882.] 

Paid-up Capital, $226,726 46. 

It. A. LOEWENTHAL, President. WM. A. FRANCIS, Secretary. 



Detailed Statement of Stocks 



United States bonds, . . 

District of Columbia bonds, 

Chicago, Milwaukee & St. Paul R.R. bonds, 

Chicago, Rock Island & Pacific R.R. bonds, 

Chicago & North Western Railroad bonds, 

Alabama Central Railroad bonds, . 

284 shares Mercantile National Bank, 

554 ' 

117 ' 

200 ' 

118 

15 

15 
100 



Mechanics 1 National Bank, 
Importers 1 & Traders 1 Nat'l Bank, 
Citizens' National Bank, . 
Columbia Bank, 
National Park Bank, 
States Trust Company, . 
Fire Association of New York, 



and Bonds. 

Par Value. 

$197,000 00 

328,500 00 

39,000 00 

38,000 00 

16,000 00 

25,000 00 

28,000 00 

13,850 00 

11,700 00 

5,000 00 

11,800 00 

1,500 00 

1,500 00 



Market Value. 

$219,047 50 

364,275 00 

44,730 00 

45,260 00 

16,960 00 

27,250 00 

51,800 00 

24,930 00 

64,350 00 

7,000 00 

29,500 00 

4,275 00 

2,850 00 

125 00 



$716,850 00 $902,352 50 



Summary of Assets Dec. 31, 1894. 

Stocks and bonds, as per schedule, . . . $902,352 50 

Cash in the office of the com pan y, ... 63 02 

Cash deposited in bank, 58,838 37 

Interest due and accrued, 3,983 43 

Premiums in course of collection (gross), . 124,393 05 

Notes taken for fire risks, .... 5,807 55 
Premiums more than 3 months due, $4,179 85 

Gross assets, 

Deduct special deposits in other States, 



$1,095,437 92 
45,200 00 



Balance, $1,050,237 92 



Liabilities. 



Losses claimed and reported, 
Less reinsurance, 



Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due for borrowed money, 
Commissions and brokerage, . 



$152,198 48 
14,200 00 

$ 137,998 48 

484,403 41 

75,000 00 

15,500 00 



270 MUTUAL FIRE INSURANCE CO. IN THE CITY OF NEW YORK. 



Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits,. 

Surplus as regards policy-holders, . 
Paid-up capital, .... 

Scrip outstanding, not ordered to be redeemed, 

Impairment of scrip, 



$2,871 19 
14,759 79 



$730,532 87 
18,655 27 



$226,720 46 
646,126 00 



$711,877 60 
$338,360 32 

872,852 46 
$534,492 14 



Income 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 



Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash tire premiums received, 



$ 1,560,884 71 
498,715 42 

$1,062,169 32 

Interest and dividends received from all sources, . . . 42,978 93 



£260,350 68 
1,429,106 96 

$1,689,457 64 
128,57: 



Gross cash income, 



. $1,105,148 25 



Expenditures. 

Cash paid for tire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash dividends paid, .... 

Cash paid for redemption of scrip, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$946,465 79 
26,405 99 



Gross cash expenditures, . 



$920,059 80 
23,344 51 
38,707 56 
141,385 33 
56,343 69 
17,977 44 
91,580 53 



$1,289,458 86 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 

$113,286,658 00 $1,151,510 15 
115,921,997 00 1,429,106 96 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$229,208,655 00 $2,580,617 11 
148,621,799 00 1,610,608 22 



$80,586,856 00 $970,008 89 
86,000 00 1,202 07 



$80,500,856 00 $968,806 82 



NATIONAL FIRE INSURANCE CO. OF HARTFORD. 



271 



Miscellaneous. 

Premiums received from organization of company, . . $8,457,968 00 

Losses paid from organization of company, .... 5,437,217 00 

Fire losses incurred during the year, 806,348 00 

Cash dividends declared from organization of company, . 754,662 00 

Dividends declared during the year, 23,345 00 

Company's stock owned by directors, 69,303 00 



" NATIONAL FIRE INSURANCE COMPANY OF HARTFORD," 

HARTFORD, CONN. 

[Incorporated Nov. 27, 1871. Commenced business Dec. 1, 1871.] 

Paid-up Capital, $1,000,000. 

JAMES NICHOLS, President. E. G. RICHARDS, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Atchison, Topeka & Santa Fe R.R. bonds, . $ 14,000 00 $7,220 00 

Buffalo Railway Company bonds, . . . 25,000 00 25,500 00 

Cedar Rapids, Iowa Falls & N. W. R.R. bonds, 20,000 00 20,800 00 

Chesapeake & Ohio Railroad bonds, . . 20,000 00 18,000 00 

Chicago & Indiana Coal Railway bonds, . . 25,000 00 25,000 00 

Chicago & Western Indiana Railroad bonds, . 22,000 00 23,980 00 

Chicago & Northwestern Railroad bonds, . 20,000 00 23,200 00 

Chicago, Milwaukee & St. Paul Railroad, . 60,000 00 70,000 00 

Chicago, Burlington & Quincy R.R. bonds, . 18,200 00 19,514 00 

Cincinnati, Dayton & Ironton R.R. bonds, . 10,000 00 10,000 00 

Cincinnati, Hamilton & Dayton R.R. bonds, . 15,000 00 18,150 00 

Cin., Indiana, St. Louis & Chicago R.R. bonds, 35,000 00 32,550 00 

Cleve., Col., Cin. & Indianapolis R.R. bonds, . 35,000 00 45,500 00 

Cleveland, Lorraine & Wheeling R.R. bonds, . 25,000 00 25,000 00 

Columbus, Shawnee & Hocking R.R. bonds, . 20,000 00 15,000 00 

Columbus & Toledo R.R. 1st Mortgage, . . 38,000 00 43,220 00 

Columbus & Hocking Valley Railroad bonds, 10,000 00 10,800 00 

Columbus, Sandusky & Hocking Railroad, . 1,100 00 800 00 

Danbury & Norwalk Railroad bonds, . . 10,000 00 11,200 00 

East Tennessee,Virginia & Georgia R.R. bonds, 30,000 00 31,200 00 

Evansville & Terre Haute Railroad bonds, . 10,000 00 10,000 00 

Erie Railway bonds 20,000 00 26,200 00 

Hartford & Conn. Western Railroad bonds, . 10,000 00 10,000 00 

Hannibal & St. Joseph Railroad bonds, . . 50,000 00 59,000 00 

Holly, Wayne & Monroe Railroad bonds, . 15,000 00 18,300 00 

Indiana & Lake Michigan Railroad bonds, . 10,000 00 10,000 00 

Knoxville & Ohio Railroad bonds, . . . 20,000 00 22,400 00 

Louisville, New Albany & Chicago R.R. bonds, 25,000 00 26,950 00 

Louisville & Nashville Railroad, . . . 10,000 00 12,000 00 



272 



NATIONAL FIRE INSURANCE CO. OF HARTFORD. 



Memphis & Charleston Railroad bonds, . 

Montana Central Railway Company bonds, 

Morgan's L. & T. R.R. & Steamship Co. bonds 

Naumkeag Street Railway bonds, . 

N.Y., New Haven & Hartford R.R. certs., 

Nodaway Valley Railroad bonds, 

Northern Pacific Railroad bonds, 

Norfolk & Western Railroad bonds, 

Oregon Railway & Navigation Railroad bonds 

Phila. & Reading Coal & Iron Co. bonds, 

Rochester & Pittsburgh Railroad bonds, . 

Sandusky, Mansfield & Newark R.R. bonds, 

St. Paul & Northern Pacific Railroad bonds, 

St. Paul, Minneapolis & Manitoba R.R. bonds 

Seattle, Lake Shore & Eastern R.R. bonds, 

St. Louis, Alton & Terre Haute R.R. bonds, 

Toledo & Ohio Central Railroad bonds, 

Union Pacific bonds, .... 

West Chicago Street Railway Tunnel Co 

Galveston City bonds, 

Georgia State bonds, 

Helena City bonds, .... 

Lincoln City T bonds, .... 

Meriden Town bonds, 

New Britain City bonds, . 

Richmond City bonds, 

Suffield & Thompsonville Bridge Co. bonds, 

United States bonds 

Underwriters 1 Protective Association bonds, 
West Middle School District, Hartford, bonds 
300 shares Belt Railroad, Indianapolis, . 
200 " Cleveland & Pittsburgh Railroad, 
120 " Chicago, Burlington & Quincy R.R 
330 " Chic, Rock Island & Pacific K.R., 
167 " Illinois Central Railroad, 
600 " N. Y., New Haven & Hartford R.R 
200 " New York & Harlem Railroad, 
500 " N. Y. Cen. & Hudson River R.R., 
100 " Oswego & Syracuse Railroad, 
760 " Pennsylvania Railroad, . 
100 " Peoria & Bureau Valley Railroad, 
200 " Pitts., Fort Wayne & Chic. R.R., 
250 " ^Etna National Bank, 
70 " Boston National Bank, Boston, 
112 " Charter Oak National Bank, . 
50 " Central National Bank, New York, 

40 " City Bank, 

100 " Farmers 1 and Mechanics 1 Nat'l B% 



Par Value. 

$20,000 00 
20,000 00 
10,000 00 
20,000 00 
24,000 00 

6,000 00 
12,000 00 
22,000 00 
20,000 00 
12,000 00 
25,000 00 
25,000 00 
25,000 00 
10,000 00 
20,000 00 
15,000 00 
35,000 00 
30,000 00 
15,000 00 
25,000 00 
,000 00 
20,000 00 
12,000 00 
10,000 00 

6,000 00 
44,900 00 
28,000 00 
50,000 00 

1,000 00 
26,000 00 
15,000 00 
10,000 00 
12,000 00 
33,000 00 
16,700 00 
60,000 00 
10,000 00 
50,000 00 

5,000 00 
38,000 00 
10,000 00 
20,000 00 
25,000 00 

7,000 00 
11,200 00 

5,000 00 

4,000 00 
10,000 00 



Market Value. 

$22,400 00 
22,800 00 
12,300 
20,000 00 
32,880 00 

6,120 00 
12,240 00 
20,240 00 
21,600 00 
12,000 00 
29,000 00 
30,250 00 
29,000 00 
11,600 00 
10,000 00 
15,600 00 
36,400 00 
31,480 00 
15,300 00 
25,500 00 
.500 00 
21,600 00 
12,000 00 
10,200 00 

6,600 00 
50,000 00 
28,000 00 
57,000 00 
00 
26,000 00 
10,500 00 
15,500 00 

8,640 00 
20,790 00 
14,280 00 
117,000 00 
25,500 00 
50,000 00 

9,250 00 
38,760 00 
16,500 00 
31,200 00 
33,000 00 

7,000 00 
10,080 00 

6,200 00 

4,000 00 
11,200 00 



NATIONAL FIRE INSURANCE CO. OF HARTFORD. 



273 



50 shares First National Bank, Meriden, 



509 
50 

100 

300 
75 
10 

450 
70 
25 

100 

400 
5 

400 



Hartford National Bank, 
Mercantile National Bank, 
Metropolitan National Bank, N. Y. 
National Exchange, 
Nat'l B'k of the Republic, Boston, 
N 1 1 B'k of Commerce, Kansas City 
Phoenix National Bank, . 
St. Paul National Bank, . 
Second National Bank, New Haven, 
Thames National Bank, Norwich, 
Northwestern Telegraph Company 
Underwriters 1 Salvage Company, 
Willimantic Linen Company, . 



Par Value. 

$5,000 00 

50,900 00 
5,000 00 
3,400 00 

15,000 00 
7,500 00 
1,000 00 

45,000 00 
7,000 00 
2,500 00 

10,000 00 

20,000 00 
500 00 

10,000 00 



Market Value. 

$5,700 00 

76,350 00 

3,750 00 

500 00 

18,000 00 

11,250 00 

1,100 00 
56,250 00 

8,750 00 

4,250 00 

14,500 00 

21,000 00 

500 00 

10,000 00 



$1,761,900 00 $1,989,394 00 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 



Loans on mortgage of real estate (fir 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Premiums in course of collection (gross) 

Gross assets, .... 
Deduct special deposits in other States, 



st liens*), 



Balance, . $3,470,030 67 



$220,016 37 

639,000 00 

18,604 80 

1,989,394 00 

1,692 95 

352,640 44 

376,182 11 



$3,597,530 67 
127,500 00 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 



Surplus over capital, 



$111,051 23 

113,857 85 

36,469 17 

1,722,530 50 
53,218 18 
37,842 68 
88,548 25 

$2,163,517 86 
49,341 43 



- 2,114,176 43 

. $1,355,854 24 
. 1,000,000 00 



$355,854 24 



* Value of lands mortgaged, . 
Value of building* thereon, . 
Amount of insurance held as collateral, 



$1,060,100 00 
820,250 00 
524,110 00 



274 



NATIONAL FIRE INSURANCE CO. OF HARTFORD. 



Income. 

Fire premiums outstanding Dec. 81, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



$411,01-1 58 
2,763,937 56 

$3,174,952 14 
376,182 11 

$2,798,770 03 
498,186 31 



sources, 



$2,300,583 72 

33,983 67 

96,307 86 

49 93 

'$2,430,925 18 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



$1,295,741 40 
168,182 32 



$1,127,559 08 
100,000 00 
395,943 59 
156,624 74 
•".4,853 24 
196,837 74 



. $2,031,818 39 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, .... 
Deduct amount reinsured, 

Net amount in force, .... 



Premiums. 

$266,808,452 00 $3,289,653 83 
225,093,926 00 2,763,937 56 



$491,902,378 00 $6,053,591 39 
200,358,946 00 2,474,780 38 



$291,543,432 00 $3,578,811 01 
15,940,970 00 229,316 67 



$275,602,462 00 $3,349,494 34 



Miscellaneous. 

Premiums received from organization of company, . 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), . 
Company's stock owned by directors, .... 



$17,369,333 00 
. 9,008,351 00 
. 1,110,636 00 
. 1,977,000 00 
100,000 00 
62,400 00 



NEWARK FIRE INSURANCE CO. 



275 



"NEWARK FIRE INSURANCE COMPANY," NEWARK, N. J. 

[Incorporated May 14, 1810. Commenced business May 14, 1810.] 

Paid-up Capital, $250,000. 

JOHN J. HENRY, President. FRANK T. McBRIDE, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $30,000 00 $33,900 00 

West Shore Railroad bonds, .... 35,000 00 36,400 00 

Orange & Newark Railroad bonds, . . . 25,000 00 27,500 00 

Essex Passenger Railroad bonds, . . . 5,000 00 5,500 00 

Morris & Essex Railroad stock, . . . 20,000 00 32,000 00 

East Orange Improvement bonds, . . . 225 19 225 19 

Underwriters' Protective Asso'n bonds, . . 1,000 00 1,000 00 

Newark & South Orange Railroad bonds, . 20,000 00 20,000 00 

Newark water bonds, 500 00 500 00 

Hoboken Land and Improvement bonds, . 25,000 00 26,000 00 

National State Bank stock 15,900 00 23,850 00 

National Newark Banking Company stock, . 7,700 00 12,705 00 

Newark City National Bank stock, . . . 13,250 00 20,537 50 



$198,575 19 $240,117 69 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 
Rents due and accrued, .... 
Premiums more than 3 months due, $588 96 
Gross assets, 



31, 1894. 

$50,000 00 

286,615 00 

4,180 67 

240,117 69 

1,897 41 

27,278 63 

2,085 00 

18,538 34 

435 25 

370 80 



$631,518 79 



Liabilities. 

Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Dividends to stockholders, unpaid, . 



$6,549 10 
13,095 65 

1,875 00 
130,469 41 

7,013 10 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$327,000 00 
460,400 00 
394,625 00 



276 



NEWARK FIRE INSURANCE CO. 



State and local taxes, 
Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 



$37 31 
3,570 63 



Surplus over capital, 

Income. 

Fire premiums outstanding Dec. 31, 1893, . $24,145 28 

Same not collected, 211 42 

Net collected $ 23,933 86 

Premiums on risks written or renewed, . . 207,019 45 

Total, $230,953 31 

Premiums now in course of collection, . . 19,562 55 



Entire premiums collected, .... $ 211,390 76 
Less reinsurance and return premiums, . . 39,731 70 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$162,610 20 

1468,908 M 
250,000 00 

$218,908 59 



$171,659 06 

14,807 83 

10,848 37 

938 65 



Gross cash income, $198,253 91 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$100,475 46 
7,781 71 



Gross cash expenditure-. . 



$92,693 75 
24,865 85 
33,656 07 
20,260 59 
7.725 81 
11,083 74 

$190,285 81 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, 



.$31,136,873 00 

. 22,315,727 00 

. $53,452,600 00 

. 24,240,710 00 



Premiums. 

$299,433 78 
207,019 45 

$506,453 23 
226,909 33 



. $29,211,890 00 
. 1,677,042 00 



$279,543 90 
12,679 16 



34,848 00 $266,864 74 



NEW HAMPSHIRE FIRE INSURANCE CO. 



277 



Miscellaneous. • 

Premiums received from organization of company, 

Losses paid from organization of company, 

Fire losses incurred during the year, 

Cash dividends declared from organization of company 

Dividends declared during the year (10 per cent.), 

Company's stock owned by directors, 



$4,676,481 00 

2,269,588 00 

88,735 00 

740,780 00 

25,000 00 

40,120 00 



"NEW HAMPSHIRE FIRE INSURANCE COMPANY," 
MANCHESTER, N. H. 

[Incorporated 1869. Commenced business April, 1870.] 

Paid-up Capital, $800,000. 

JAMES A. WESTON", President. JOHN C. FRENCH, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $100,000 00 $114,562 50 

City of Chicago, 111., bonds, .... 10,000 00 10,200 00 

City of Concord, N. H., bonds, . . . 1,000 00 1,020 00 

City of Topeka, Kan., bonds, .... 3,500 00 3,535 00 

City of Moorhead, Minn., bonds, . . . 6,000 00 6,120 00 

City of Lincoln, Neb., bonds, .... 26,000 00 27,300 00 

City of Seattle, Wash., bonds, . . . . 10,000 00 10,200 00 

City of Tacoma, Wash , bonds, . . . 25,000 00 27,500 00 

City of East Portland, Ore., bonds, . . . 25,000 00 27,500 00 

City of Cleveland, O., bonds, .... 50,000 00 53,000 00 

City of Ashtabula, O., bonds, .... 10,000 00 10,400 00 

City of Dayton, O., bonds, .... 20,000 00 21,600 00 

Maine Central Railroad bonds, . . . 10,000 00 10,800 00 

New York & New England Railroad bonds, . 20,000 00 22,700 00 

Boston, Concord & Montreal Railroad bonds, . 50,000 00 63,000 00 

Concord & Montreal Railroad bonds, . . 100,000 00 100,000 00 

Boston & Albany Railroad bonds, . . . 5,000 00 5,000 00 

Chicago, Burlington & Quincy Railroad bonds, 48,000 00 51,380 00 

Union Pacific Railroad Trust, . . . . 10,000 00 7,000 00 

Oregon Short Line Railroad bonds, . . . 10,000 00 8,950 00 

Chicago «fc West Michigan Railroad bonds, . 25,000 00 18,125 00 

Chicago, Burlington & Northern R.R. bonds, . 5,000 00 5,150 00 

Montana Central Railroad bonds, . . . 25,000 00 25,500 00 

Lehigh Valley Terminal Railway Co. bonds, . 25,000 00 27,250 00 

Hillsborough County, N. H., bonds,. . . 5,000 00 5,000 00 

Topeka, Kan., Water Supply Company bonds, 20,000 00 20,000 00 

Claremont, N. H., Water Works, . ' . . 5,000 00 5,000 00 

Minneapolis Gas Light Company bonds, . . 20,000 00 21,000 00 

New Hampshire Trust Company bonds, . . 30,000 00 24,000 00 

Central Loan & Land Company bonds, . , 20,000 00 20,000 00 



278 



NEW HAMPSHIRE FIRE INSURANCE CO. 



Johnson Loan & Trust Company bonds, . 

National Loan & Trust Company bonds, . 

Nashua Card & Glazed Paper Company bondl 

Grand Forks Gas ft Electric Company bonds, 

Minneapolis General Electric Company bonds 

Sioux City, Iowa, sewerage bonds, . 

Swift & Company, Chicago, bonds, . 

Old Colony Steamboat Company bonds, 

Suncook Valley Railroad stock, 

New York Central & Hudson River R.R. stock 

Norwich vV Worcester Railroad stock, 

Pemigewassel Valley Railroad stock, 

Boston & Albany Railroad stock, 

Boston & Maine Railroad stock, 

Chicago, Burlington & Quincy Railroad stock 

Illinois Central Railroad stock, 

Chicago, Rock Island & Pacific Railroad stock 

Lake Shore & Michigan Southern R.R. stock, 

Chicago A Northwestern Railroad stock, . 

Merchants 1 Nat'l B'k, Manchester, N. II., stock 

Merchants' Nat'l B'k, Kansas City, Mo., stock 

Pemigewasset N'l B'k, Plymouth, N. H., stock 

First Nat'l Bank, Peterborough, N. II., stock, 

Lancaster Trust Company stock. 

Exeter Banking Co., Exeter, N. H., stock, 

Amoskeag Mfg. Co., Manchester, N. H., stock 

Manchester Mills, Manchester, N. H., stock, 

Stark Mills stock, .... 

Quincy Bridge stock, 

Pullman's Palace Car Company stock, 



Par Value. 

$9,000 00 
10,000 00 
10,000 00 

5,000 00 

25,000 00 

540 49 

25,000 00 

10,000 00 

4,000 00 
10,000 00 

3,100 00 

26,000 00 

•0 00 

•0 00 

10 00 

30,000 00 

10,000 00 

20,000 00 

'0 00 

10,000 00 

5,000 00 

6,000 00 

5,000 00 
10 00 

1,000 00 
10,000 00 
20,000 00 
10,000 00 

8,000 00 
10,000 00 



Market Value. 

$7,200 00 
10,000 00 
1 o/jOO 00 
10 00 
25,000 00 
540 49 

'.,000 00 
10,100 00 

5/X 
10,000 00 

5,42 

32,500 00 
15,525 00 
12,000 00 
34,128 00 
,500 00 

6,300 00 
27,200 00 
25,000 00 
13,000 00 

4,000 00 
00 

7,000 00 
00 

1,000 00 
17,000 00 
20,000 00 
00 
14,000 00 
15,600 00 



$1,092,040 49 $1,155,610 99 



Securities held as collateral for cash loans : — 

8 shares Manchester & Lawrence Railroad, 
2 shares Moline Plow Company, 
Mortgage notes guaranteed, 
11 shares Iowa City Packing and Provision Co. 
300 shares Swift Refrigerator Trans. Company 
Exeter Manufacturing Company bonds, . 



Market Value. 

$1,800 00 

2,000 00 

7,300 00 

1,300 00 

30,000 00 

30,000 00 



Loaned Thereon. 

$2,700 00 

5,700 00 

1,000 00 

25,000 00 

25,000 00 



$72,400 00 ?59,400 00 



mmaky of Assets Dec 

( lash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 



31, 1894. 

$68,500 00 

695,626 66 

9,658 03 

1,155,610 99 

59,400 00 

6,535 77 



NEW HAMPSHIRE FIRE INSURANCE CO. 



279 



Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 

Losses claimed and reported, . 

Unearned premiums on outstanding risks, 

Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



$73,549 54 

8,488 47 

125,206 21 



$55,633 74 
68,127 00 

802,626 21 
25,041 24 



>,202,575 67 



951,428 19 



1,251,147 48 
800,000 00 



$451,147 48 



$144,273 62 
1,170,512 31 



Total, $1,314,785 93 

Premiums now in course of collection, . . 125,206 21 



,189,579 72 
177,816 96 



Entire premiums collected, . 

Less reinsurance and return premiums, . , 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 

Expenditures. 
Cash paid for fire losses, . . . . . $651,698 99 

Deduct salvage and reinsurance, . . . 34,201 25 

Net cash paid for fire losses, .... 

Cash dividends paid, ...... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 

Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$116,058,600 00 
94,724,193 00 

$210,782,793 00 
91,568,741 00 

$119,214,052 00 
5,005,103 00 



,011,762 76 
46,036 82 
56,437 78 

,114,237 36 



$617,497 74 

64,000 00 

206,372 90 

45,346 00 

29,541 86 

53,678 73 

1,016,437 23 



Premiums. 

$1,531,966 80 
1,170,512 31 



52,702,479 11 
1,092,602 82 

£1,609,876 29 
64,327 42 



$114,208,949 00 $1,545,548 87 



280 



NEW YORK FIRE INSURANCE CO. 



Miscellaneous. 

Premiums received from organization of company, . 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, . 



$11,343,664 00 

0,091,780 00 

601,538 00 

764,000 00 

01,000 00 

258,400 00 



"NEW YORK FIRE INSURANCE COMPANY," NKW YORK. 

[Incorporated April 18, 1832. Commenced business Dec. 22, 1832.] 
Paid-up Capital, $200,000. 
AUGUSTUS COLSON, President. CHARLES A. HULL, Secretary. 



Detailed Statement of Stocks and Bom- 

Par Value. 

United States bonds, $50,000 00 

Consolidated stock (New York City), . . 100,000 00 
Brooklyn city bonds, 30,000 00 



Market Value. 

$52,500 00 

100,000 00 

30,000 00 



SUMMAKT OF ASSETS DEC 

Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens*) 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, . 

Interest due and accrued, . 

Premiums in course of collection (gross) 

Rents due and accrued, 

Gross assets, .... 



$180,000 00 $182,500 00 

31, 1894. 

$100,000 00 

9,925 00 

248 13 

182,500 00 

470 07 

7,624 44 

2,521 46 

14,621 22 

126 66 



$318,036 98 



Liabilities. 

Losses claimed and reported, .... 82,50000 

Unearned premiums on outstanding risks, . 50,430 40 

Commissions and brokerage, .... 1,867 31 

Reinsurance disallowed, 142 70 

Gross liabilities, except capital, . . . 54,940 41 

Surplus as regards policy-holders, $263,096 57 

Paid-up capital 200,000 00 

Surplus over capital, • $63,096 57 

* Value of lands mortgaged, $8,600 00 

Value of buildings thereon, 15,400 00 

Amount of insurance held as collateral, 15,400 00 



NEW YORK FIRE INSURANCE CO. 



281 



Income. 

Fire premiums outstanding Dec. 31, 1893, . $13,695 79 
Premiums on risks written or renewed, . . 120,393 18 

Total, $134,088 97 

Premiums now in course of collection, . . 14,621 22 

Entire premiums collected, .... $119,467 75 
Less reinsurance and return premiums, . . 18,363 35 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$101,104 40 

731 50 

4,562 94 

5,156 83 



Gross cash income, $111,555 67 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expenses on real estate, etc., 

Gross cash expenditures, .... 



$19,013 64 
669 62 



$18,344 02 

6,000 00 

11,216 86 

15,358 68 

3,474 42 

3,644 04 

$58,038 02 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 

. $8,126,193 00 $77,906 63 
. 11,940,854 00 120,393 18 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, . 

Net amount in force, . 



.$20,067,047 00 $198,299 81 
. 9,983,080 00 96,990 25 



. |10,083,967 00 $101,309 56 
85,771 00 448 76 



. $9,998,196 00 $100,860 80 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (3 per cent.), . 
Company's stock owned by directors, .... 



$5,217,515 00 

2,365,503 00 

20,186 00 

1,430,000 00 

6,000 00 

65,500 00 



282 



NIAGARA FIKK INSURANCE 



"NIAGARA FIKK INSURANCE COMPANY," NEW STORK, N. Y. 

[Incorporated July, 1850. Commenced business August, 1800.] 
PAiD-ur Capital, $500,000. 
THOMAS F. GOODRICH, President. GEORGE C. HOWE. 



Detailed Statement 01 Stocks and Bonds. 

Par Value. Market Value. 

United States bonds $0" 50 

Jersey City bonds, 10.' 11. 

Albany & Susquehanna Railway bonds, . . 15,000 00 19,500 00 

Chicago, Milwaukee & St Paul Wy bonds, 25,000 00 29,500 00 

James River Railway bonds 25,000 12,500 00 

New York Elevated Railway bonds, . . 20,< 00 

Lake Erie & Western Railway bonds, . . 23,200 00 

Morris & Essex Railway bonds, . . . 21,000 29,295 00 

Chateangay Ore and Iron Company's bonds, . 18,760 

St. Paul (Minn.) Gas Light Company's bonds, 15,000 00 15,000 00 

Town of Lake (111.) Gas Company's bonds, . 20,000 20,000 00 

Kansas City water bonds 10,000 00 10,000 00 

Seattle, Lake Shore & Eastern Railway bonds, 9,000 00 50 00 

Eqnit. Gas Light Company of Chicago bonds, 25,000 00 24,375 00 

UnderwYs 1 Prot. Asso. of Newark, N. J., bonds, 1,< 1,000 00 

Toledo, Ann Arbor & No. Mich. R'y Loud-, . 00 00 6,500 00 

234 shares Delaware & Hudson Canal Co., . 23,400 00 

50 " Western National Bank, . . 00 10 00 

450 " American Exchange Nat'l Bank,. 45,000 00 69,975 00 

1,000 " Long Island Railway, . . . 50,000 43,250 00 

100 " Con. Gas Co. of New York, . . 10,000 00 13,100 00 

New York city bonds, 260,000 00 267,800 00 

200 shares Chicago & Northwestern Railroad, .000 00 19,350 00 

10 " Underwriters 1 Salvage Company, . 1,000 00 1,000 00 

200 " Chic, Milwaukee & St. Panl RV, . .000 00 23,600 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 



$780,400 00 $827,292 00 

31, 1894. 

f883,0O0 00 

25,250 00 

BS 

.-292 00 

16,667 22 

193,661 

2,945 00 



* Value of lands mortgaged, $29,800 00 

Value of buildings thereon 44,600 00 

Amount of insurance held as collateral -00 00 



NIAGARA FIRE INSURANCE CO. 



283 



Premiums in course of collection (gross), 
Rents due and accrued, .... 

Reinsurance due, 

Gross assets,* . . . . 
Deduct special deposits in other States, . 



Balance, 



$319,282 98 

4,865 89 

48,671 20 



$2,322,318 63 
56,625 00 



$2,265,693 63 



Liabilities. 



Amount of losses, unpaid, 
Less reinsurance, 



Net amount of unpaid losses; . 
Unearned premiums on outstanding risks 
Dividends to stockholders unpaid, . 
Due for borrowed money, 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 

Surplus over capital, . 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, . . 4 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Marine premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, ..... 



Gross cash income, 



$186,533 99 
11,473 63 

$175,060 36 

1,000,675 98 

401 00 

241,773 34 

41,759 09 

17,457 39 

26,922 23 



$255,147 58 
2,090,533 05 

12,345,680 63 
314,118 05 

$2,031,562 58 
805,129 70 

$7,608 54 
59,471 63 

$67,080 17 
5,164 93 

$61,915 24 
18,050 75 



1,504,049 39 



$761,644 24 
500,000 00 

$261,644 24 



$1,226,432 88 



sources, 



43,864 49 

1,422 50 

39,791 81 

25,366 30 



. $1,336,877 98 



* Including $250,000 special reserve fund held under New York law. 



284 



NIAGARA FIRE INSURANCE CO. 



$46,965 56 
13,153 32 



Expenditures. 

Cash paid for fire losses, $1,016,367 11 

Deduct salvage and reinsurance, . . . 87,356 01 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



|929,0ll 10 



33,812 24 
49,977 
192,598 00 
163,397 77 
35,932 19 
76,466 16 

. $1,480,183 96 



Risks and Premiums. 



Fire risKs outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$224,217,447 00 
197,472,070 00 

$421,689,517 00 
169,730,392 00 



$251,959,125 00 
53,656,905 00 



Premiums. 

$2,242,486 03 
2,090,533 05 

$4,333,019 08 
1,831,922 72 

$2,501,096 36 
649,123 88 



$198,302,220 00 $1,851,972 48 



$2,099,723 00 
2,176,665 00 

£4,276,388 00 
2,598,084 00 



$1,678,304 00 
615,635 00 



£63,620 39 
59,471 63 

f 123,092 02 
72,381 44 

$50,710 58 
16,190 42 



$1,062,669 00 $34,520 16 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . 



£35,074,177 00 

19,442,686 00 

808,853 00 

32,613 00 

2,334,000 00 

50,000 00 

(36,500 00 



NORTHWESTERN NATIONAL INS. CO. OF MILWAUKEE. 285 



"NORTHWESTERN NATIONAL INSURANCE COMPANY OF 
MILWAUKEE, WISCONSIN," MILWAUKEE, WIS. 

[Incorporated Feb. 20, 1869. Commenced business July 1, 1869.] 

Paid-up Capital, $600,000. 

ALFRED JAME8, President. J. P. McGREGOR, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

Chicago, Milwaukee & St. Paul R.R. bonds, 
Milwaukee, L. S. & Western R.R. bonds, 
Milwaukee & Northern Railroad bonds, . 
Chicago & Northwestern Railroad bonds, 
Milwaukee city bonds, .... 
Chicago Sanitary District bonds, 
Waukesha sewerage bonds, 



and Bonds. 

Par Value. 

$200,000 00 
200,000 00 
50,000 00 
50,000 00 
100,000 00 
97,000 00 
50,000 00 
30,000 00 



Market Value. 

$226,000 00 
243,500 00 
62,500 00 
56,500 00 
120,000 00 
97,200 00 
52,500 00 
31,500 00 



$777,000 00 $889,700 00 



Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens *), $694,456 67 

Interest due or accrued thereon, . . . 6,343 47 

Stocks and bonds, as per schedule, . . . 889,700 00 

Cash in the office of the company, . . . 2,353 20 

Cash deposited in bank, 160,968 66 

Interest due and accrued, 2,700 00 

Premiums in course of collection (gross), . 106,175 60 

Gross assets, $1,862,697 60 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding 
Commissions and brokerage, . 
Reinsurance, etc., 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, 
Paid-up capital, 



Liabilities. 



Surplus over capital, 



risks, 



$14,008 21 

43,165 31 

5,250 00 

$62,423 52 
3,180 31 

$59,243 21 

696,485 52 

26,543 90 

5,596 66 

120 14 



787,989 43 

$1,074,708 17 
600,000 00 

$474,708 17 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, . 



$1,435,835 00 

1,119,500 00 

616,550 00 



286 NORTHWESTERN NATIONAL INS. CO. OF MILWAUKEE. 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



$63,685 87 
850,430 20 

$914,116 07 
106,175 60 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Received from Wis. M. and F. Ins. Co. Bank, . 



$807,940 47 
132,190 39 



$675,750 08 
39,132 08 
40,952 08 
91,7 V, 



Gross cash income, $847,549 94 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries for officers and employees, 

for State and local taxes, 

for incidentals, 



$350,971 43 
21,345 90 



Gross cash expenditures, 



$329,625 53 
60,000 00 
131,672 43 
78,776 26 
14,454 59 
44,433 25 

$658,962 06 



Fire risks outanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$110,289,429 00 $1,270,083 88 
65,959,884 00 850,430 20 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$176,249,313 00 $2,120,514 08 
53,930,393 00 7 2,753 37 



$122,318,920 00 $1,417,760 71 
5,407,264 00 58,899 59 



$116,911,656 00 $1,358,861 12 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire and tornado losses incurred during the vear, . 
Cash dividends declared from organization of company. 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . 



$11,432,009 00 

6.025,568 00 

311,042 00 

1,131,000 00 

60,000 00 

223,700 00 



ORIENT INSURANCE CO. 



287 



"ORIENT INSURANCE COMPANY," HARTFORD, CONN. 

[Incorporated Juue, 1867. Commenced business January, 1872.] 
Paid-up Capital, $500,000. 
CHARLES B. WHITING-, President. JAMES U. TAINTOR, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

504 shares American Natl Bank, Hartford, . $25,200 00 $36,288 00 

122 " .Etna National Bank, Hartford, . 12,200 00 18,300 00 

130 " Charter Oak Nat'l B'k, Hartford, . 13,000 00 11,700 00 

100 " Farm, and Mech. N'l B'k, Hart., . 10,000 00 11,700 00 

152 " Mercantile Nat'l Bank, Hartford, 15,200 00 13,680 00 

74 " Phoenix National Bank, Hartford, 7,400 00 9,620 00 
186 " Exchange Nat'l Bank, Hartford, . 9,300 00 13,485 00 
113 " City National Bank, Hartford, . 11,300 00 12,430 00 

71 " First National Bank, Hartford, . 7,100 00 8,165 00 

1,000 " Hartford Nat'l Bank, Hartford, . 100,000 00 156,000 00 

100 " Conn. Trust & Safe Dep. Co., Hart., 10,000 00 17,500 00 

200 " Thames National Bank, Norwich, 20,000 00 30,000 00 

80 " First National Bank, Norwich, . 8,000 00 8,400 00 

6 " Rockville Nat'l Bank, Rockville, . 600 00 690 00 

75 " Metropolitan N'l B'k, New York, 7,500 00 487 50 
302 " Mechanics' Nat'l Bank, New York, 7,550 00 15,100 00 

50 " Holland Trust Co., New York, . 5,000 00 6,500 00 

25 " N'l Ger.-Amer. B'k, St. Paul, Minn., 2,500 00 2,500 00 

643 " N.Y., N. H. & Hartford R.R., . .64,300 00 125,706 50 

204 " Pennsylvania Railroad, . . 10,200 00 10,608 00 

220 " N.Y. C. &H.R. R.R., . . . 22,000 00 22,000 00 

50 " Union Pacific Railroad, . . 5,000 00 600 00 

100 " Central Pacific Railroad, . . 10,000 00 1,250 00 

400 " Cleveland & Pittsburgh R.R., . 20,000 00 31,600 00 

220 " C. B. & Quincy Railroad, . . 22,000 00 15,840 00 

100 " Illinois Central Railroad, . . 10,000 00 9,000 00 

100 " Chic, Rock Island & Pac. R R., . 10,000 00 6,250 00 

170 " Southern Railway Company, . 17,000 00 6,460 00 

200 " Northwestern Telegraph Co., . 10,000 00 10,800 00 

Georgia State bonds, 25,000 00 29,625 00 

County of Coffey, Kan., bonds, . . . . 10,000 00 11,000 00 

County of Lyon, Iowa, bonds, .... 1,000 00 900 00 

County of Dickinson, Kan., bonds, . . . 10,000 00 11,000 00 

County of Finney, Kan., bonds, . . . 10,000 00 11,000 00 

County of Kidder, Dakota, bonds, . . . 5,000 00 5,500 00 

County of Wichita, Kan., bonds, . . . 4,000 00 4,400 00 

County of Pierre, Washington, bonds, . . 10,000 00 10,800 00 

City of Indianapolis, Ind., bonds, . . . 20,000 00 21,400 00 

City of Evansville, Ind., bonds, . . . 20,000 00 20,000 00 

City of New Brunswick, N.J , bonds, . . 10,000 00 10,500 00 



288 



ORIENT INSURANCE CO. 



City of Council Bluffs, Iowa, bonds, 

City of Richmond, Va., bonds, . 

City of Norfolk, Va., bonds, 

City of Sioux Falls, Dakota, bonds, . 

City of Wichita Falls, Tex., bonds, . 

City of Fort Worth, Tex., bonds, 

Town of Thomaston, Conn., bonds, . 

Town of Pawtucket, R. I., bonds, 

Medicine Lodge Township, Kan., bonds, 

Bethany Township, Kan., bonds, 

Buckeye Township, Kan., bonds, 

Oswego Township, Kan., bonds, 

Precinct of Stanton, Neb., bonds, 

Precinct of Beaver, Neb., bond-, 

Vermont Valley Railroad Company bonds, 

Pittsburgh, Cleveland ft Toledo R.R. bonds, 

Kansas Pacific Railroad bonds, 

C, C, Cincinnati & Indianapolis R.R. bonds, 

Morris & Essex Railroad bonds, 

Chicago, Mil. & St. Paul Railroad bonds, 

Dayton & Michigan Railroad bonds, 

Terre Haute & Logan sport Railroad bonds, 

Chicago, Burlington & Northern R.R. bonds, 

Ohio & West Virginia Railroad bonds, . 

Columbus & Toledo Railroad bonds, 

Cincinnati, Jackson & Mackinaw R.R. bonds, 

E. Tennessee, Virginia & Georgia R.R. bonds 

Southern Railroad bonds, .... 

Detroit, Lansing & Northern Railroad bonds, 

Louisville, Cin & Lexington R.R. bonds, 

Hartford Street Railway bonds, 

Indiana & Lake Michigan Railroad bonds, 

Atchison, Topeka & Santa Fe Railroad bonds 

Chicago, Burlington ft Quiney R.R. bonds, 

N. Y., N. H. ft H. Railroad bonds, . 

Norfolk & Western Railroad bouds, 

Valley Railroad bonds, .... 

Baltimore Belt Railroad bonds, 

Cincinnati, Dayton & Ironton Railroad bonds 

Kanawha & Michigan Railroad bonds, 

Chicago, Rock Island & Pacific bonds, 

Atlantic Dock Company bonds, 

Mason and Tazewell District, 111., bonds, 

Rutland and Grafton District, 111., bonds, 

First Baptist Church, Nashville, Tenn., bonds, 

Kansas School bonds, 

Nebraska School bonds, . 

Dakota School bonds, 

Minnesota School bonds, . 



Par Value. 

|5,000 00 

24,000 00 

20,000 00 

10 00 

10,000 00 

10,000 00 

'0 00 

15,000 00 

5,000 00 

4,000 00 

J 00 

5,000 00 

8,000 00 

5,000 00 

25,000 00 

10,000 00 

10,000 00 

35,000 00 

10,000 00 

20,000 00 

25,000 00 

10,000 00 

1,500 00 

3,000 00 

13,000 00 

12,000 00 

15,000 00 

6,000 00 

10,000 00 

10,000 00 

20,000 00 

20,000 00 

20,000 00 

5,100 00 

25,700 00 

10,000 00 

20,000 00 

20,000 00 

10,000 00 

10,000 00 

10,000 00 

9,000 00 

25,000 00 

2,000 00 

9,000 00 

22,597 00 

15,443 20 

9,500 00 

8,500 00 



Market Value. 
$5,600 00 

30,720 00 

21,200 00 

14,500 00 

1<),800 00 

10,400 00 

15,750 00 

15,450 00 

00 00 

20 00 

021 60 

5,000 00 

8,720 00 

5,450 00 

28,250 00 

11,500 00 

7,800 00 

45,050 00 

14,250 00 

27,000 00 

26,875 00 

11,000 00 

1,545 00 

3,600 00 

16,470 00 

9,000 00 
15,825 00 

5,460 00 

7,000 00 
K>,550 00 
20,400 00 
21,000 00 

8,300 00 

5,674 00 
35,723 00 

8,000 00 
16,000 00 
21,000 00 
10,100 00 

7,837 50 
10,500 00 

9,720 00 
..300 00 

2,020 00 

9,720 00 
24,326 85 
16,907 52 
10,780 00 

9,010 00 



ORIENT INSURANCE CO. 



289 



Wyoming Territory School bonds, . 
Colorado School bonds, .... 
Texas School bonds, .... 

Washington School bonds, 
Southwestern Irrigation Company bonds, 
Arizona Improvement Company bonds, . 



Par Valne. 

$3,000 00 

8,000 00 

15,000 00 

10,000 00 

5,000 00 

5,000 00 



Market Value. 

$3,420 00 

8,800 00 

15,700 00 

10,600 00 

4,000 00 

5,000 00 



Securities held as collateral for cash loans : — 

25 shares National Fire Ins. Co., Hartford, 

4 ' 
2 ' 

15 ' 

5 ' 
3 

35 
24 



.,270,245 20 $1,465,090 47 



iEtna Fire Insurance Co., Hartford, 
iEtna Fire Insurance Co., Hartford, 
American National Bank, Hartford, 
Charter Oak Nat'l Bank, Hartford, . 
First National Bank, Hartford, 
Conn. General Life Ins. Co., Hart., . 
Adams Express Company, 



Market Value. 

$3,275 00 
1,000 00 
500 00^ 
975 00 ; 
525 00 f 
300 00 j 
4,725 00 
3,480 00 



Loaned Thereon. 

$600 00 
700 00 



1,880 00 

3,000 00 
1,350 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens*). 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $1,964,018 73 



$14,780 00 $7,530 00 

31, 1894. 

$38,852 15 

190,714 30 

9,212 96 

1,465,090 47 

7,530 00 

9,138 94 

117,459 31 

11,910 84 

244,693 20 

961 56 

$2,095,563 73 

131,545 00 



Liabilities. 
Losses adjusted and reported, .... $174,684 36 

Losses disputed or resisted, . . . 16,681 82 

Unearned premiums on outstanding risks, . 906,919 42 

Commissions and brokerage, .... 43,679 37 

Reinsurance disallowed, 6,374 21 

Gross liabilities, except capital, . . $1,148,339 18 
Deduct liability on special deposits, . . 55,827 60 

Surplus as regards policy-holders, 

Paid-up capital, 

Surplus over capital, 



1,092,511 58 

$871,507 15 
500,000 00 

$371,507 15 



* Total value of property mortgaged, . 
Amount of insurance held as collateral, 



$612,330 00 
83,080 00 



290 



ORIENT INSURANCE CO. 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, .... 

Expenditi i:r>. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland log 
Cash paid for commissions and brokerage, 

for salaries of officers and employ 

for State and local taxes, 

for incidentals, 

for interest on borrowed money, 

Gross cash expenditures, . 

Risks and Premiums. 



$246,596 10 
3,500 0u 

8243,096 16 
1,681,127 67 

$1,924,223 83 
237,468 31 

|1 ( 686,755 52 

440,507 44 

$7,451 70 
101,977 61 

f 109,429 31 
7,224 89 

$102,204 42 
9,193 07 



$1,246,248 08 



sources, 



93,011 35 

10,132 39 

70,469 52 

• 665 50 



. fl,420,526 84 



$907,373 98 
83,894 73 

2,409 28 

2,106 61 



$823,479 25 



70,302 67 
2.12,913 18 
105,142 47 

28,323 66 

.510 85 
1,765 84 

$1,352,437 •_ 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



Premiums. 

$139,049,358 00 $1,725,167 99 

130,073,121 00 1,681,127 



$269,122,479 00 $3,406,295 66 
124,753,217 00 1,634,969 93 



$144,369,262 00 $1,771,325 73 
1,793,045 00 15,45? 



$142,576,217 00 £1,755,871 97 



PACIFIC FIRE INSURANCE CO. 



291 



Marine risks outstanding Dec. 31, 1893, . 
Marine risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, .... 



Premiums. 

^1,505,511 00 $47,587 59 
7,393,769 00 101,977 61 



?8,899,280 00 $149,565 20 
7,701,680 00 108,678 50 



.,197,600 00 $40,886 70 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, 

Fire losses incurred during the year, . 

Marine and inland losses incurred during the year, 

Cash dividends declared from organization of company, 

Company's stock owned by directors, . 



$14,137,407 00 

8,861,133 00 

741,626 00 

81,727 00 

985,000 00 

70,700 00 



" PACIFIC FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated April 16, 1851. Commenced business April 29, 1851.] 

Paid-up Capital, $200,000. 

FRANK T. 8TINSON, President. GEORGE JEREMIAH, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, $138,000 00 

New York city bonds, 175,000 00 

Broadway & Seventh Avenue Railroad bonds, . 10,000 00 

New York Central & Hudson River R.R. stock, 22,000 00 

Rome, Watertown & Ogdensburg R.R. stock, . 15,000 00 



Market Value. 

$155,232 50 

176,750 00 

10,800 00 

21,615 00 

17,475 00 



$360,000 00 §381,872 50 



Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens),* $252,900 00 

2,083 83 

381,872 50 

9,068 99 

14,596 03 

3,349 17 

56,051 16 

174 82 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 

Cash deposited in bank, 

Interest due and accrued, 

Premiums in course of collection (gross), 

Reinsurance, 

Premiums more than 3 months due, $2,340 39 
Gross assets, 



$720,096 50 



* Value of land8 mortgaged, . 
Value of buildiugs thereon, 
Amount of insurance held as collateral, 



$199,300 00 
306,200 00 
273,200 00 



292 



PACIFIC FIRE INSURANCE CO. 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



$14,078 40 

21,141 38 

2,613 33 

$37,833 11 
2,428 33 

$35,404 78 

271,564 83 

383 33 

13,754 08 

8,250 98 

20,017 86 



f 58,79 i 40 
881 91 

$57,912 49 
493,526 24 

$551,438 73 
58,391 55 

$493,047 18 
124,709 42 



$349,375 86 

$370,720 64 
200,000 00 



?170,720 64 



$368,277 76 
11,084 90 
14,839 36 

$394,202 02 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, .... 

for interest on borrowed money, 

Gross cash expenditures, . 



6273,903 29 
21,050 69 



$252,852 60 
20,0C0 00 
78,199 98 
3i 

-:■_ - 

20.479 75 
3 91 

$413,144 14 



PENNSYLVANIA FIRE INSURANCE CO. 



293 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

.160,744,327 00 $542,619 19 
. 46,243,793 00 493,526 24 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$106,988,120 00 $1,036,145 43 
. 46,794,192 00 445,652 68 



,193,928 00 $590,492 75 
5,320,666 00 49,472 47 



. f 54,873,262 00 $541,020 28 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



^7,140,194 00 

3,784,551 00 

233,517 00 

1,378,000 00 

20,000 00 

35,650 00 



« PENNSYLVANIA FIRE INSURANCE COMPANY," 
PHILADELPHIA, PA. 

[Incorporated March, 1825. Commenced business April, 1825.] 

Paid-up Capital, $400,000. 

R. DALE BENSON, President. W. GARDNER CROWELL, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $45,000 00 $50,525 00 

Philadelphia city bonds, . . . . . 20,000 00 23,460 00 

Phila, Wil. & Baltimore Railroad certificates, 115,000 00 118,300 00 

Philadelphia & Erie Railroad bonds, . . 75,000 00 88,500 00 

Pennsylvania Railroad bonds, .... 99,000 00 114,690 00 

Easton & Amboy Railroad bonds, . . . 50,000 00 54,000 00 

Philadelphia & Reading Railroad, . . . 308,500 00 309,195 00 

Lehigh Valley Railroad Company, . . . 183,000 00 211,140 00 

Elmira & Williamsport Railroad, . . . 25,000 00 29,750 00 

West Jersey Railroad Company, . . . 10,000 00 11,300 00 

Penn. & New York Canal and R.R. Co., . . 124,000 00 129,760 00 

Chicago & Western Indiana Railroad, . . 117,000 00 134,700 00 

Chicago, Burlington & Quincy bonds, . . 50,000 00 62,000 00 

Jacksonville, Louisville & St. Louis R.R. Co., 32,000 00 12,800 00 

Jacksonville Southeastern Railway Co., . . 11,000 00 11,000 00 

Shamokin, Sunbury & Lewisburg Railroad, . 20,000 00 20,400 00 

Corning, Cowanesque & Antrim Railroad, . 6,000 00 6,300 00 

Terre Haute & Logansport Railroad, . . 50,000 00 52,500 00 

New York & Long Branch Railroad, . . 25,000 00 28,250 00 

St. Paul & Northern Pacific Railroad, . . 50,000 00 58,500 00 



294 



PENNSYLVANIA FIRE INSURANCE CO. 



Lehigh Valley Coal Company, 

Pittsburgh, McKeesport & Yough. Railroad, 

Pitts., Youngstown & Ashtabula R.R., 

Cleve., Col., Cin. & Indianapoli- R.R., 

Grand Rapids & Indiana Railroad, . 

New York, Lake Erie & Western Railroad, 

New York, Susquehanna & Western R.R., 

Knoxville Water Company bonds, . 

Western Transit Company bonds, . 

American Steamship Co. of Phila. bonds, 

Lehigh Coal & Navigation Company bonds, 

Chesapeake & Delaware Canal Co. bonds, 

Delaware Division Canal Company, 

Car Trust of New York bonds, 

Huntingdon & Broad Top Car Trust, 

Huntingdon County, Ind., bonds, 

Ilarrisburg city bonds, 

St. Louis city bonds, . 

Cincinnati city bonds, 

City of Springfield, 111., bonds, 

City of Topeka, Kan., bonds, . 

City of Dayton, O., bonds, 

City of Columbus, O., bonds, . 

Kansas City, Kan., bonds, 

Newark city bonds, . 

Wabash Railroad Company bonds, 

Pittsburgh Junction Terminal Company, 

Newburgh & New York Railroad bond-. 

Northern Central Railroad Company bond-, 

Baltimore & Ohio Equipment Asso. bonds. 

Baltimore & Ohio Railroad bonds, . 

Baltimore Belt Railroad bonds, 

W. Knoxville Gen , l Improvement Co. bonds, 

Atlantic City Railroad bonds, . 

Camden Horse Railroad bonds, 

City of Columbus, O., water works, 

Bellefonte Central Railroad Co., 

Evansville & Terre Haute R.R., 

School Dist. of the Borough of Sewickley, Pa 

200 shares Philadelphia National Bank, . 

Allegheny Valley Railroad Co., 

440 shares Bellefonte Central Railroad Co., 

10 shares Philadelphia Bourse, 



Par Value. 

$50,000 00 
20,000 
25,000 00 

30,000 00 

21,000 00 

28,000 00 

00,000 00 

15,000 00 

50,000 00 

15,000 

20,000 00 

10,000 00 

25,000 00 

00 

00 

10,000 00 

lo,000 00 

,000 00 

53,000 00 

35,000 00 

33,368 00 

17,000 00 

36,000 00 

12,000 00 

10,000 00 

20,000 00 

25,000 00 

15,000 00 

\000 00 

8,000 00 

50,000 00 

50,000 00 

20,000 00 

30,000 00 

25,000 00 

1-4,000 00 

2,500 00 

25,000 00 

24,000 00 

20,000 00 

22,000 00 

22,000 00 

500 00 



Market Value. 

$51,500 00 
26,000 00 

25,250 00 
36,300 00 

4,200 00 
24,150 00 
64,800 00 
15,000 00 
51,500 00 
15,450 00 
21,600 00 
00 
23,500 00 

8,000 00 

\000 00 
10,000 00 
10,300 00 
29,250 00 
63,510 00 
35,700 00 
33,368 00 
19,550 00 
37,440 00 
12,000 00 
10,300 00 
14,000 00 
26,250 00 
15,000 00 
31,590 00 

8,000 00 
58,500 00 
51,500 00 
21,000 00 
30,600 00 
25,000 00 
14,420 00 
00 
23,750 00 
00 
36,000 00 
23,540 00 

8,800 00 
250 00 



$2,465,868 00 $2,612,938 00 



Securities held as collateral for cash loans : — 

4 shares Bank of North America, 
15 " German American Insurance Co., 



Market Value. Loaned Thereon. 

$1,040 00 $500 00 

4.275 00 



PENNSYLVANIA FIRE INSURANCE CO. 



295 



10 shares German American Insurance Co 
5 " Girard Fire and Marine Ins. Co 
95 " Calumet & Heckla Mining Co., 
15 " Manayunk National Bank, . 
40 " Manayunk National Bank, . 

25 " Northwestern National Bank, 
30 " Ninth National Bank, . 

7 " Moorestown National Bank, 
5 " Burl. Co. Safe Dep. & Trust Co. 
5 " Fire Ins. Co. of County of Phil a. 
2,000 " Lehigh Valley Railroad Co. stock 
74 " North Pennsylvania Railroad, 
100 " Delaware & Bound Brook R.R , 
100 " Delaware & Bound Brook R.R., 
74 " North Pennsylvania Railroad, 
9 " Penn. Co. for Ins. on Lives, etc., 
5 " Penn. Fire Insurance Co., 
4 " United Canal & R.R. Co. of N. J. 
65 " Insurance Co. of North America 

26 " Germania Fire Insurance Co., 
25 " Western National Bank, 

50 " New England Loan & Trust Co, 
100 " Keystone Watch Case Co., . 
Pulaski Iron Company, .... 
Pitts., Cincinnati & St. Louis R'y Co., 
105 shares Lehigh Coal & Navigation Co., 

10 " Commonw'h Title Ins. & Trust Co. 

40 " Pennsylvania Railroad Company, 

60 " North Pennsylvania Railroad Co., 
Boston United Gas bonds, 
Philadelphia, Reading & New England, 
300 shares Northern Pacific Railroad Co 
100 " Security Trust Company, 

10 " Market Street National Bank 
100 " Philadelphia & Erie Railroad Co., 
Lehigh Valley Coal Company, . 
Philadelphia & Reading Railroad, . 
Lehigh Valley Railroad Co., 
New York & Long Branch, 



Market Value. 

$2,850 00 
1,525 00 

27,550 00 
2,700 00 
7,200 00 
3,750 00 
4,200 00^ 

1.400 00 ' 
360 00 ( 
500 00 j 

70,000 00 
6,364 00 
16,500 00 
16,500 00 > 
6,364 00 S 

4.401 00^ 
1,450 00 | 

940 00 j> 
1,300 00 i 
4,550 00 J 
2,300 00 ^ 



Loaned Thereon. 

$2,000 00 

10,000 op 
2,000 00 

9,000 00 



5,300 00 

50,000 00 
18,000 00 

18,000 00 
5,000 00 



5,000 00 



5,000 00 
5,000 00 J 
1,160 00^ 
5,145 00 J» 
750 00 J 
2,040 00 >| 
5,160 00 } 
20,000 00 J 
2,000 001 
2,500 00 I 
4,000 00 [ 
1,450 00 | 
1,900 00 j 
123,600 00 
4,120 00 
7,440 00 ) 
4,480 00 S 



} 15,000 00 



5,000 00 
21,000 00 

10,000 00 



100,000 00 
1,000 00 

8,000 00 



$388,764 00 $283,550 00 



Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, . $134,500 00 
Loans on mortgage of real estate (first liens*), 686,320 00 



* Total value of property mortgaged, $1,807,800 00 

Amount of insurance held as collateral, .... 614,450 00 



296 



PENNSYLVANIA FIRE INSURANCE CO. 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



$16,130 23 

2,612,938 00 

283,550 00 

232 52 

148,401 40 

1,030 04 

234,922 00 

750 00 



$4,118,774 19 
50,400 00 



Balance, |4,068,374 19 



Liabilities. 

Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, . 
Deduct liability on special deposits, 



|34,710 24 

109,161 44 

16,239 00 

1,295,577 7, 

749,833 46 

24,000 00 

32,710 56 

$2,262,232 44 
33,206 02 



Surplus as regards policy-holders, 
Paid-up capital, 



Surplus over capital, . 



- 2,229,026 42 

. fl,839,347 77 
400,000 00 

. fl,439,347 77 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Deposits received for perpetual fire risks, 

Gross cash income, . 



$215,067 70 
1,988,345 28 

$2,203,412 98 
234,922 00 

$1,968,490 98 
377.111 23 



sources, . 

$45,079 03 



$1,591,379 75 

34,394 86 

137,476 62 

3,661 07 



. $1,766,912 30 



PHENIX INSURANCE CO. 



297 



Expenditures. 

Cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Deposits returned on perpetual fire risks, . 



$978,337 87 
60,000 00 
429,422 01 
51,700 00 
29,545 68 
50,263 89 



§17,546 33 



Gross cash expenditures, 



. $1,599,269 45 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

. $225,537,183 00 $2,480,184 50 
. 179,985,933 00 1,988,345 28 



.$405,523,116 00 $4,468,529 78 
. 154,647,862 00 1,831,314 49 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, .... $239,565,299 00 $2,515,153 46 
Perpetual risks in force (not included above), $32,967,718 00 $819,024 35 



. $250,875,254 00 $2,637,215 29 
. 11,309,955 00 122,061 83 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (15 per cent.), 
Company's stock owned by directors, .... 



$26,400,368 00 

15,208,065 00 

926,958 00 

2,709,000 00 

60,000 00 

55,100 00 



"PHENIX INSURANCE COMPANY," BROOKLYN, N. Y. 

[Incorporated Sept. 10, 1853. Commenced business Sept. 10, 1853.] 

Paid-up Capital, $1,000,000. 

GEORGE P. SHELDON, President. CHARLES C. LITTLE, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $365,000 00 $417,125 00 

State of Virginia bonds, 100,000 00 60,000 00 

New York City stock, 762,000 00 792,480 00 

New York Elevated Railroad bonds, . . 50,000 00 55,500 00 

N. Y., Brooklyn & Manh T n Beach R R bonds, 50,000 00 50,500 00 

Kings County Elevated Railway bonds, . . 50,000 00 40,000 00 

Toledo & Ohio Central R.R. bonds, . . . 2-">,000 00 27,500 00 

Chesapeake & Ohio Railway bonds, . . 25,000 00 26,750 00 

Louisville, St. Louis & Texas Railway bonds, . 5,000 00 3,000 00 



298 



PHENIX INSURANCE CO. 



Louisville & Nashville Railroad bonds, . 
Norfolk & Western Railroad bonds, 
Calvary Cem ,Greenpoint& Brooklyn K.R. b'ds, 
Northern Pacific Terminal bonds, . 
Kanawha & Michigan Railway bonds, 
Missouri, Kansas & Eastern Railway bonds, . 
Metro. W. S. Elevated ll'y of Chicago bonds, 
Missoula County, M. T., bonds, 
U. S. Illuminating Company bonds, . 
Lake Gas Company of Chicago bonds, . 
Lehigh & Wilkesbarre Coal Company bond-. . 
New York, New Haven ft Hartford Railroad,. 
Ohio Southern Railroad Co. " car trust 
Underwriters' Prot. Association, Newark, 
Board of Trade, Chicago, certificate, 

50 shares Dry Dock, E. Bway ft Bat R.R., 
1,125 " New York ft Harlem Railroad, . 
1,300 " N. Y., N. H. & Hartford R.R , . 
2,000 " Beech Creek Railroad, . 
1,000 " Delaware & Hudson Canal Co., . 
2,000 " Pitts., McKees., Youghiogy R.R., 
1,000 " Syracuse, Bing. & N. Y. R.k, . 

500 " Rensselaer ft Saratogo Railroad, . 

500 " N. Y. Cent. ft Hudson River R.R., 
1,000 " Delaware, Lack, ft Western R.R., 

200 " American Ex. NatU Bank, N. Y., 

100 " National Shoe & Leather Bank, . 

386 " National Bank of the Republic, . 
87 " National Bank of Commerce, 

200 " Fourth National Bank, . 

100 " Mercantile National Bank, . 

253 " National Park Bank, . 
1,200 " Chatham National Bank, 

408 " Mechanics 1 Bank, Brooklyn, 

409 " National City Bank, Brooklyn, . 
135 " Nat'] Bank of Illinois, Chicago, . 
200 " Phenix National Bank, New York, 
100 " Bond & Mortgage Guarantee Co., 

10 " Underwriters 1 Salvage Co., N. Y., 
500 " Central ft So. American Tel. Co., 
600 " Western Union Telegraph Co., . 



Par Value. 
f25,000 00 

25,000 00 

37,000 00 

25,000 00 

50,000 00 

,000 00 

86,000 00 

12,000 00 

25,000 00 

50,000 00 

00 

70,000. 00 

60,000* 

1,000 00 

10 00 

5,000 00 

250 00 

130,000 00 

100,000 00 

100,000 00 

100,000 00 

.000 00 

50,000 00 

50,000 00 

50,000 00 

.000 00 

10,000 00 

38,600 00 

8,700 00 

20,000 00 

10,000 00 

25,300 00 

30,000 00 

.400 00 

.450 00 

13,500 00 

4,000 00 

10,000 00 

1,000 00 

50,000 00 

60,000 00 



Market Value. 
$25,000 00 

23,750 00 

41,440 00 

24,750 00 

87,500 

21,125 00 

31,500 00 

13,200 00 

00 

51,000 00 

27,500 00 

97,300 00 

60,000 00 

1,000 00 

00 

8,000 00 

151,875 00 

253,500 00 
96,000 00 

129,000 00 
.750 00 

170,000 00 
91,000 00 
49,500 00 
81,500 00 
31,000 00 
00 
59,830 00 
15,660 00 
38,000 00 
18,000 00 
75,900 00 

112,500 00 
55,080 00 
85,890 00 
37,800 00 
4,640 00 
11,500 00 
1,000 00 
60,000 00 
52,800 00 



$2,982,900 00 $3,782,345 00 



Summary of Assets Dec. 31, 1894. 

Cash value of unencumbered real estate, . . $399,000 00 
Loans on mortgage of real estate (first liens*), 126,050 00 

* Value of lands mortgaged, $93,000 00 

Value of buildings thereon, 173,500 00 

Amount of insurance held as collateral, .... 144,650 00 



PHENIX INSURANCE CO. 



299 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums iu course of collection (gross) 
Rents due and accrued, 

Gross assets, .... 
Special deposits in other States, 



Balance, 



$2,060 78 

3,782,345 00 

1,175 84 

521,178 73 

9,374 15 

938,287 95 

3,770 95 



$5,783,243 40 
203,125 00 

$5,580,118 40 



Liabilities. 

Losses claimed and reported, .... $258,506 46 

Losses disputed or resisted, .... 47,425 00 

Unearned premiums on outstanding risks, . 3,835,965 50 

Due and accrued for rent, salaries, etc., . . 2,266 66 

Commissions and brokerage, .... 113,955 98 

Return premiums, 81,903 32 

Reinsurance, 7,819 14 

Gross liabilities, except capital, . . $4,347,842 06 
Deduct liability on special deposits, . . 131,017 62 

Surplus as regards policy-holders, 

Paid-up capital, 

Surplus over capital, 

Income. 

Fire premiums outstanding Dec. 31, 1893, . $ 1,430,383 46 
Premiums on risks written or renewed, . . 5,037,841 43 

Total, $6,468,224 89 

Premiums now in course of collection, . . 938,287 95 

Entire premiums collected, .... $5,529,936 94 
Less reinsurance and return premiums, . . 1,044,153 52 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 

Gross cash income, 



4,216,824 44 



. $1,363,293 96 
. 1,000,000 00 

. $363,293 96 



- $4,485,783 42 

6,536 99 

162,135 82 

15,455 15 

. $4,669,911 38 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash dividends paid, .... 



$2,828,121 94 
73,949 50 



$2,754,172 44 
100,000 00 



300 



PHCENIX INSURANCE CO. 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$624,337 93 
308,143 28 

73,87»i 51 
361,914 22 



Gross cash expenditures, |4,222,444 38 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

1700,631,321 00 18392,685 58 
391,997,922 00 5,037341 43 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$1,092,629,243 00 |13,930,527 01 
502,717,702 00 6,301,275 57 



$589,911,541 00 $7,629,251 44 
16,756,647 00 171,583 90 



.1.34,894 00 f 7,457,667 54 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . . 



$97,972,711 00 

50,165,579 00 

1 00 

3,474,000 00 

100,000 00 

156,550 00 



"PHCENIX INSURANCE COMPANY," HARTFORD, CONN. 

[Incorporated May, 1S54. Commenced business June, 1354.] 

Paid-up Capital, $2,000,000. 

D. W. C. SKILTOX, President. GEO. H. BURDICK, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

300 shares .Etna National Bank, Hartford, . $30,000 00 $42,900 00 

1,000 " American National Bank, . . 50,000 00 -.000 00 

50 " Atlantic Trust Company, N. Y., . 5,000 00 10,750 00 

125 " Central Trust Company, . . 12,500 00 137,500 00 

162 " Charter Oak Nafl B'k,'Hartford, . 16,200 00 16,200 00 

160 " City Bank, 16,000 00 16,800 00 

100 " Connecticut River Bank, . . 5,000 00 5,000 00 

300 " Farm, and Mech. N'l Bk, Hartford, 30,000 00 34,500 00 

175 " First National Bank, . . . 17.500 00 19,250 00 

400 " Franklin Trust Company, N. Y., . 40,000 00 -.000 00 

1,030 " Hartford Nat'l Bank, Hartford, . 103,000 00 154,500 00 

400 " Hartford Trust Company, . . 40,000 00 56,000 00 

100 " Home National Bank, . . . 10,000 00 12,000 00 



PHCENIX INSURANCE CO. 



301 



133 shares Imperial Bank, Toronto, Ont., 
250 " Metropolitan National Bank, Cin. 
108 " Merchants' Ex. N'l Bank, N. Y., 
800 " Mercantile Natl Bank, Hartford, 
200 " Nat'l Shoe and Leather B'k, N. Y. 
340 " National Exchange B'k, Hartford 
125 " Nat'l Ger. American B'k, St. Paul 
200 " New Britain Nat'l B'k, New Brit. 
770 " Phoenix Nat'l Bank, Hartford, 
200 " State Bank, Hartford, . 
440 " Waterbury Nat'l B'k, Waterbury 
50 " Security Company, Hartford, 
500 " Bald Eagle Valley Railroad, . 
300 " Beech Creek Railroad, . 
350 " Chicago & Alton Railroad Co., 
500 " Cleveland & Pittsburgh Railroad 
500 " Fort Wayne & Jackson Railroad, 
131 " Georgia R.R. and Banking Co., 
120 " Hartford & Conn. Western R.R., 
1,000 " Illinois Central Railroad, 
1,000 " Morris & Essex Railroad, 
1,500 " N. Y., N. H. & Hartford Railroad 
250 " New York & Harlem Railroad, 
500 " N. Y. Cen. & Hudson River R.R., 
500 " Peoria & Bureau Valley R.R. Co. 
500 " Pittsburgh, McKeesport& Y. R.R. 
500 " Rensselaer & Saratoga R.R. Co., 
500 " Sharon Railroad of Pennsylvania, 
150 " Empire & Bay State Tel. Co., 
1,320 " Holyoke Water Power Company, 
1,500 " North Western Telegraph Co., 

400 " West End Railway, Boston, . 
Georgia State registered bonds, 
Atlantic Dock Company bonds, 
Ashland, Oregon, water bonds, 
Brantford, Canada, bonds, 
Guelph, Canada, bonds, .... 
Victoria, British Columbia, bonds, . 
Town of St. Henry, P. Q., bonds, 
Province of New Brunswick bonds, . 
Columbus, O., imjn-ovement bonds, . 
Fostoria, O., water bonds, .... 
Leavenworth City and Ft. Leavenworth water 

bonds, 

Hannibal, Mo., school bonds, . 
Council Bluff's, Iowa, improvement bonds, 
Northwestern Telegraph Company bonds, 
Naumkeag Street Railway Company bonds, 
Superior, Wis., improvement bonds, 



Par Value. 

$13,300 00 
11,250 00 
5,400 00 
80,000 00 
20 000 00 
17,000 00 
12,500 00 
20,000 00 
77,000 00 
20,000 00 
22,000 00 
5,000 00 
25,000 00 
15,000 00 
35,000 00 
25,000 00 
50,000 00 
13,100 00 
12,000 00 

100,000 00 
50,000 00 

150,000 00 
12,500 00 
50,000 00 
50,000 00 
25,000 00 
50,000 00 
25,000 00 
15,000 00 

132,000 00 
75,000 00 
20,000 00 
25,000 00 
75,000 00 
50,000 00 
25,000 00 
24,000 00 
20,000 00 
75,000 00 
5,000 00 
16,000 00 
25,000 00 

25,000 00 
28,000 00 
3,500 00 
25,000 00 
25,000 00 
25,000 00 



Market Value. 

$23,940 00 
500 00 

6,480 00 
80,000 00 
20,000 00 
21,080 00 
10,625 00 
32,000 00 
96,250 00 
22,000 00 
44,000 00 

8,750 00 
50,000 00 
14,775 00 
51,100 00 
39,000 00 
57,500 00 
20,960 00 

3,000 00 
87,000 00 
81,500 00 
292,500 00 
32,500 00 
49,875 00 
85,000 00 
32,000 00 
92,000 00 
26,500 00 
11,400 00 
2G4,000 00 
84,000 00 
23,600 00 
27,500 00 
81,750 00 
56,500 00 
28,250 00 
27,600 00 
22,400 00 
79,500 00 

5,100 00 
16,960 00 
26,250 00 

27,500 00 

29,960 00 

3,710 00 

29,875 00 

25,500 00 

26,250 00 



302 



P1KENIX INSURANCE CO. 



Urbana, O., gas bonds, .... 
Can. Pacific 1st Mort. Land Grant R.R bonds 
Cedar Rapids, Iowa Falls & N. W. Ry bond- 
Chicago &. N. Western Railway bonds, . 
Chicago & Western Indiana R.R. bonds, . 
Chicago, Burlington & Quincy R.R. bonds, 
Chicago, Rock Island & Pacific bonds, . 
Cin., Dayton & Iron ton 1st ratge. gold bonds 
Erie Railway 1st mortgage consols, . 
Minneapolis Union Railway Company bonds, 
New York, Lackawanna & XV. R.R. bonds, 
New York & New England Railroad bonds, 
N. Y., N. II. & II. R. R. debentures,. 
Savannah, Fla. & W. 1st mtge. gold bonds, 
St. Paul, Eastern & G. Trunk 1st ratge. bonds 
Terre Haute & Logansport R.R. bonds, . 
Terre Haute & Peoria bonds, . 
Texas & New Orleans bonds, . 



Par Value. 

$25,000 00 
44,000 00 
50,000 00 
50,000 00 
153,000 00 
10,000 00 
25,000 00 
25,000 00 
50,000 00 
5o,(MM) 00 
50,000 00 
57,000 
60,000 00 
15,000 00 
10,000 00 
50,000 00 
25,000 00 
54,000 00 



Market Value. 

•27,250 00 

48,400 00 
54,000 00 
60,000 00 
170,740 00 
10,350 00 
26,125 00 
25,437 
67,500 00 
00 
67,5oo 00 
60,975 00 
84,000 00 
17,100 00 
11,500 00 
,500 00 
26,000 00 
62,640 00 



$2,882,750 00 $3,901,857 50 



Securities held as collateral lor cash loans: — 

93 shares Travelers Insurance Company, 
240 " Landers, Frary & Clark, . 

70 " South New England Telephone Co., 
103 " Atlantic Dock Company, . 

64 " Hartford Carpet Company, 



Market Value. Loaned Thereon 

$17,670 00 $11,500 00 



6,480 00 

4,900 00 

10,300 00 

4,032 00 



9,000 00 
10,000 00 



$43,382 00 $30,500 00 



Summary of Assets Dec. 31, 1894 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Reinsurance, 

Gross assets, 

Deduct special deposits in other States, 



Balance, 



$386,612 55 

324,242 85 

53,891 49 

3,901,857 50 

30,500 00 

35,483 21 

307,086 10 

5,885 40 

596,584 37 

6,301 26 

10,363 34 



$5,658,808 07 
. 295,250 00 

$5,363,558 1 



* Value of lands mortgaged, $520,200 00 

Value of buildings thereon 169,950 00 

Amount of insurance held as collateral, 93,375 00 



PHCENIX INSURANCE CO. 



303 



Liabilities. 

Losses adjusted and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, 



$494,526 56 
29,053 07 

2,326,570 15 
70,750 00 

$2,920,899 78 
181,725 17 



$2,739,174 61 

$2,624,383 46 
2,000,000 00 



Surplus over capital, $£24,383 46 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, .... 

Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, . 



$597,497 55 
4,107,229 65 

$4,704,727 20 
596,584 37 

$4,108,142 83 
566,142 97 



sources, 



$3,541,999 86 

14,146 76 

190,902 65 

7,182 64 

$3,754,231 91 



>,270,991 67 
64,014 97 



$2,206,976 70 
280,000 00 
574,813 43 
171,498 83 
69,728 07 
370,400 63 

$3,673,417 66 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1893, . $349,019,438 00 $4,194,370 11 
Fire risks written during 1894, . . 341,570,546 00 4,107,229 65 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 



$690,589,984 00 $8,301,599 76 
308,710,319 00 3,752,112 84 



$381,879,635 00 $4,549,486 92 



304 



PROVIDENCE WASHINGTON INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (14 per cent.), 
Company's stock owned by directors, .... 



858,832,731 00 

35,629,029 00 

2,106,203 00 

6,405,000 00 

280,000 00 

81,200 



"PROVIDENCE WASHINGTON [NSURANCE COMPAS 
PROVIDENCE, R. I. 

[Incorporated 1799. Commenced business 1799.] 
Paid-up Capital, $400,000. 



J. H. DeWOLF, President. 

Detailed Statement of Stocks 

Boston & Providence Railroad bond-, 
Boston & Maine Railroad bonds, 
Baltimore & Ohio Railroad bonds, . 
Bath Gas & Electric Company bonds, 
City of Pawtucket bonds, . 
Cleveland Electric Railway bonds, . 
Columbus Street Railway bonds, 
Lehigh Valley Railroad Company bond-, 
Morris & Essex Railroad Company bonds, 
New York, New Haven & Hartford R R. bonds, 
Rensselaer & Saratoga Railroad bonds, . 

100 shares Fourth National Bank, New York, 

340 ■ 

259 ' 

500 ■ 
1,000 ' 

300 ' 

300 

500 ' 

400 ' 

500 ' 

300 

300 ' 

200 ' 

500 ■ 
20 ' 

600 ' 

200 ' 

10 ' 

1,500 ' 



E. L. WATSON, SecreUiry. 



Nat'l Bank of Commerce, N. Y., . 
National Park Bank, New York, . 
American National Bank, Prov., . 
Blackstone Canal Nat'l B'k,Prov., 
Commercial Nat'l Bank, Prov., . 
Manufacturers 1 Nat'l Bank, Prov., 
Merchants 1 National Bank, Prov., 
Mechanics 1 National Bank, Prov., 
Nat'l Bank of Commerce, Prov , . 
Nat'l Bank of N. America, Prov., 
National Eagle Bank, . 
Weybosset National Bank, . 
Providence Gas Company, . 
Bath Gas & Electric Co., Bath, Me , 
Chicago & Alton Railroad Co., 
Chicago & Northwestern R'v Co., 
Underwriters' Salvage Company, . 
What Cheer Corporation, 



and Bonds. 

Par Value. 

f 100,000 00 
10,000 00 
26,000 00 

3,500 00 
25,000 00 
10,000 00 
10,000 00 
50,000 00 
25,000 00 
20,000 00 
12,000 00 
10,000 00 
34,000 00 
25,900 00 
25,000 00 
25,000 00 
15,000 00 
30,000 00 
25,000 00 
20,000 00 
25,000 00 
15,000 00 
15,000 00 
10,000 00 
25,000 00 
2,000 00 
60,000 00 
20,000 00 
500 00 
200,000 00 



Market Value. 
$106,000 00 

11,400 00 
28,375 00 

3,000 00 

00 

10,150 00 

9,600 00 
52,000 00 
34,875 00 
27,600 00 
17,280 00 
18,800 00 
61,200 00 
73,815 00 
24,250 00 
26,000 00 
14,850 00 
41,100 00 
31,500 00 
21,800 00 
23,750 00 
13,200 00 
16,800 00 
10,500 00 
40,500 00 
500 00 
-7,600 00 
.-,600 00 
500 00 
200,000 00 



$872,900 00 $1,061,670 00 



PROVIDENCE WASHINGTON INSURANCE CO. 



305 



Summary of Assets Dec 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, . 
Premiums more than 3 months due, $2,407 96 
Gross assets 

Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital. 



Surplus over capital, 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, . 
Net cash fire premiums received, . 
Marine premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 



Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest and dividends received from all sources, 

Gross cash income, ... ; 



31, 1894. 

$1,061,670 00 

1,978 12 

79,135 62 

153,442 28 

58,144 32 



$1,354,370 34 



$8,491 13 

163,044 48 

10,329 27 

$181,864 88 
58,432 05 

$123,432 83 

711,400 59 

10,514 95 

24,828 50 

14,283 61 



$116,811 91 
1,099,617 35 

$1,216,429 26 
106,931 58 

$1,109,497 68 
254,273 01 

$138,293 75 
962 40 

$137,331 35 
483,427 73 



$620,759 08 
107,062 98 



$513,696 10 
110,647 14 



884,460 48 

$469,909 86 
400,000 00 

$69,909 86 



$855,224 67 



403,048 96 
45,159 84 

$1,303,433 47 



306 



PROVIDENCE WASHINGTON INSURANCE CO. 



ExPENDITUi:i:s. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 
Cash paid for marine and inland losses, 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes,. 

for incidentals, 



$619,916 95 
143,296 41 

$351,108 86 
94,739 45 



1476,62 



Gross cash expenditures, 



256,369 41 
12,000 00 

217,51; 
75,464 51 
24,342 71 
74,017 65 

. ?1,136,329 72 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of j'ear, 
Deduct amount reinsured, 

Xet amount in force, . 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Xet amount in force, . 



f 141,158,054 00 
107,869,172 00 

$249,027,226 00 
113,794,660 00 

$135,232,566 00 
31,182,428 00 



Premiums. 

$1,506,42: . 

1,099,617 35 

$2,606,040 64 
1,174,182 54 

$1,431,858 10 
321,114 14 



$104,050,138 00 $1,110,743 96 

$7,042,660 00 ?23'>.392 54 

81,323,890 00 483,427 73 

$88,366,556 00 $719,82 » 

79,873,660 00 475,963 76 



f8,492,896 00 $243,856 51 
1,644,205 00 39.219 51 



. $6,848,691 00 $204,637 00 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, 

Fire losses incurred during the year, . 

Marine and inland losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (3 per cent.), . 

Company's stock owned by directors, . 



$24,237,623 00 

14,338,307 00 

474,586 00 

250,747 00 

2,064,563 00 

12,000 00 

42,950 00 



QUEEN INSURANCE CO. OF AMERICA. 



307 



" QUEEN INSURANCE COMPANY OF AMERICA," NEW YORK, N. Y 

[Incorporated Sept. 11, 1891. Commenced business Sept. 11, 1891.] 



Paid-up Capital, $500,000. 



JAMES A. MACDONALD, President. 



GEO. W. BURCHELL, Secretary. 



Detailed Statement of Stocks 



United States bonds, . 
District of Columbia bonds, 
New York City bonds, 
Brooklyn City bonds, 
New Zealand stock, . 
Quebec loan, 
Manitoba debentures, 
Halifax, N. S., stock, 

250 shares New York & Harlem Railroad, 

443 ' 

517 

950 

360 
1,400 

250 ■ 



United N. J. R.R. & Canal Co., 
N. Y., Lack. & Western Railroad 
Rome, Watertown & Ogd. R.R., 
Pittsburgh, F. W. & Chic. R.R., 
Morris & Essex Railroad, . 
Rensselaer & Saratoga Railroad 
Farmers 1 Loan & Trust Co. stock, . 

United States bonds, 

New York, Lack. & Western Railroad bonds, 
Chicago & Southwestern Railroad bonds, 
North Wisconsin Railroad bonds, 
Chicago, Burlington & Quincy R.R. bonds, 
Chicago, Rock Island & Pacific R.R. bonds, 
Fremont, Elkhorn & Mo. Railroad bonds, 
Chicago, Mil. & St. Paul Railroad bonds, 
Chicago & North Western Railroad bonds, 
Baltimore & Ohio Railroad bonds, . 
Pennsj'lvania Railroad bonds, . 
Morris & Essex Railroad bonds, 
Michigan Central Railroad bonds, . 
Central Railroad of New Jersey bonds, . 
Lake Shore & Michigan Southern R.R. bonds 
Canada Southern Railroad bonds, . 
Chicago, St. Paul, Minn. & Omaha R.R. bonds 
Albany & Susquehanna Railroad bonds, . 
Detroit & Bay City Railroad bonds, . 
Northern Pacific Railroad bonds, 
Louisville & Nashville Railroad bonds, . 
Evansville & Indianapolis Railroad bonds, 
Ohio & Mississippi Railroad bonds, 
Consolidated Gas Co. of New York bonds, 



and Bonds. 

Par Value. 

$476,000 00 
270,000 00 
200,000 00 
50,000 00 
49,000 00 
24,500 00 
29,400 00 
60,000 00 
12,500 00 
44,300 00 
51,700 00 
95,000 00 
36,000 00 
70,000 00 
25,000 00 
10,000 00 
90,000 00 
200,000 00 
10,000 00 
30,000 00 
40,000 00 
35,000 00 
10,000 00 
106,000 00 
50,000 00 
10,000 00 
50,000 00 
110,000 00 
43,000 00 
80,000 00 
40,000 00 
25,000 00 
25,000 00 
25,000 00 
20,000 00 
44,000 00 
15,000 00 
25,000 00 
6,000 00 
20,000 00 



Market Value. 

f540,442 35 

304,067 55 

198,938 89 

54,796 57 

49,000 00 

24,500 00 

29,400 00 

66,000 00 

31,978 98 

99,744 18 

56,983 33 

106,135 00 

55,613 30 

100,150 10 

42,437 50 

71,600 00 

102,024 67 

228,425 11 

10,622 58 

36,686 78 

42,628 30 

35,352 83 

11,896 34 

108,925 39 

52,214 02 

10,359 78 

50,946 39 

139,690 74 

45,843 20 

85,855 83 

46,108 86 

25,990 10 

28,889 24 

29,153 23 

23,847 14 

48,942 39 

15,802 34 

25,726 54 

5,615 00 

20,436 47 



$2,612,400 00 $3,063,771 02 



308 



QUEEN INSURANCE CO. OF AMERICA. 



Summary of Assets Dec. 31, 1894. 



Stocks and bonds, as per schedule, . 
Cash in the office of the compan} T , . 

Cash deposited in bank, 

Interest due and accrued, 

Premiums in course of collection (gross), 
Notes taken for fire inland risks, 

Reinsurance, 

Premiums more than 3 months due, $12,650 36 

Gross assets, 

Deduct special deposits in other States, . 



f 3,063,771 02 

10,104 81 

286,992 76 

43,698 62 

340,376 13 

1,860 03 

757 86 



Liabilities. 



Balance, 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Dividends to stockholders, unpaid, . 
Due and accrued for rent, salaries, etc 
Commissions and brokerage, . 
Return premiums, reinsurance, etc., 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 



f3,747,551 23 
419,264 59 

$3,328,2.^6 64 



$103,993 51 

120,113 00 

27,985 08 



£252,091 59 
11,845 78 



$240,245 81 

1,681,777 08 

50,000 00 

5,028 81 

63,033 09 

52,977 00 

3,496 00 

$2,096,557 79 
269,059 72 



1,827,498 07 

? 1,500,788 57 
500,000 00 

$1,000,78- 57 



$370,948 46 
14,428 58 



$356,519 88 
2,663,032 09 

£3,019,551 97 
354,876 52 



Entire premiums collected, .... $2,664,675 45 
Less reinsurance and return premiums, . . 564,061 25 
Net cash fire premiums received, 
Interest and dividends received from all sources, . 

Gross cash income, 



- £2,100,6 U . 
121,707 76 

. £2,222,321 96 



THE HEADING FIRE INSURANCE CO. 



309 



Expenditures. 

Cash paid for fire losses, $1,445,292 12 

Deduct salvage and reinsurance, . . . 47,358 58 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, .... 

for salaries of officers and employees, . 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, 



$1,397,933 54 

326,720 95 

175,531 26 

40,566 46 

152,693 30 

$2,093,445 51 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 

$295,891,075 00 $3,419,995 84 
219,441,912 00 2,663,032 09 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



$515,332,987 00 $6,083,027 93 
220,873,478 00 2,670,141 06 



$294,459,509 00 $3,412,886 87 
12,363,586 00 111,191 54 



$282,095,923 00 $3,301,695 33 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$7,898,170 00 

4,281,019 00 

1,335,179 00 

50,000 00 

50,000 00 

7,500 00 



"THE READING FIRE INSURANCE COMPANY," READING, PA. 

[Incorporated July 8, 1867. Commenced business July 8, 1867.] 

Paid-up Capital, $250,000. 

WM. A. ARNOLD, President. S. E. ANCONA, Secretary. 



Detailed Statement of Stocks and Bonds. 



Philadelphia & Reading Railroad bonds, 
Perkiomen Railroad bonds, 
Warren & Franklin Railroad bonds, 
United States bonds, .... 
250 shares Reading Gas Company, . 
124 " So. Reading Market House Co., 



Par Value. 

$36,000 00 
2,000 00 
1,000 00 
10,000 00 
6,250 00 
3,100 00 



Market Value. 

$30,480 00 

2,000 00 

1,050 00 

11,300 00 

15,250 00 

4,030 00 



310 



THE READING FIRE INSURANCE CO. 



200 shares East Pennsylvania Railroad, . 
150 " National Union Bank, Reading, 

50 " Farmers' National Bank, Reading, 
100 " Second National Bank, Reading, 
737 " Reading Trust Company, 

70 " Reading City Passenger Railway, 
Reading City Passenger Railway bonds, . 
South Reading Market House Company scrip, 



Securities held as collateral for cash loans : — 



22 shares National Union Bank, 
10 " Second National Bank, . 
8 " Reading Trust Company, 
5 " Reading Trust Company, 

150 " Keystone Wagon Company, . 
32 " Reading Trust Company, 

Clearfield Bit. Coal Company, . 

100 shares Trust Company of No. America, 
60 shares Grand Opera and Market House, 

Reading Foundry Company bonds, . 
39 shares South Reading Market House, 
25 " Second National Bank, . 
8 " First National Bank, 

Judgment note secured, .... 

27 shares Reading Trust Company, . 

Assignment of mortgage, etc., . 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Bills receivable, etc., 

Gross assets, . 



Par Value. 

$10,000 00 

50 00 

1,500 00 

10,000 00 

73,700 00 

3,500 00 

500 00 

900 00 



Market Value. 

$10,800 00 

12,750 00 

'.') 00 

17,750 00 

92,125 00 

50) 

' 00 



$162,200 00 


$5 00 


Market Value. 


Loaned Thereon. 


$1,870 00 


$1,300 00 


1,775 00 ) 
1,000 00 S 


1 


625 00 


475 00 


15,000 00 


9,0' 


4,000 00 




. i 7,500 00 


> 00 


25,000 00 


85,000 00 


1,267 50 


) 00 


' I 4,387 50 


l.loO 00 


1,150 00 


1,1" 


3,375 00 


.5 00 


600 00 


600 00 


f 67,550 00 




J. 31, 1894. 




$63,042 30 




308,161 00 




3,979 77 




209,785 00 




49,250 00 




3,818 24 




39,626 27 




880 06 




74,962 7 




39 30 




1,806 44 






£7.">.V350 9n 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$23:,273 00 
464,547 00 
3-23,793 00 



THE READING FIRE INSURANCE CO. 



311 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Dividends to stockholders, unpaid, . 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 

Surplus over capital, . 



$30,535 03 

20,887 65 

8,532 00 

290,120 30 
3,960 67 
1,130 80 
1,000 00 
13,159 90 
8,350 44 
1,291 80 



$378,968 59 

$376,382 36 
250,000 00 

$126,382 36 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from commissions, etc., 

Gross cash income, .... 



$63,231 05 
453,652 03 

$516,883 08 
74,962 57 

$441,920 51 
71,645 71 



sources, 



$370,274 80 

17,605 97 

11,437 60 

2,120 66 

1,050 25 

$402,489 28 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Deposits returned on perpetual fire risks, 



$256,083 99 
(3,288 86 



$249,795 13 
19,806 80 
73,603 07 
11,187 28 
7,927 01 
28,552 90 



$154 37 



Gross cash expenditures, 



$390,872 19 



312 



THE RELIANCE INSURANCE CO. OF PHILADELPHIA. 



Risks and Premium v 



Premiums. 

. $45,362,876 00 $548,225 46 
. 35,992,706 00 4.03,652 03 



.$81,355,582 00 $1,001,877 49 
. 34,180,488 00 434,300 08 



$47,175,094 00 $567,577 41 
526,484 00 5,797 67 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, £46,648,610 00 $561,779 74 

Perpetual risks in force (not included above), $142,750 00 $4,246 37 

Miscellaneous. 

Premiums received from organization of company, . . $3,335,391 00 

Losses paid from organization of company, .... 1,803,700 00 

Fire losses incurred during the year, 241,469 00 

Cash dividends declared from organization of company, . 397,561 00 

Dividends declared during the year (8 per cent.), . . . 20,000 00 

Company's stock owned by directors, 55,100 00 



"THE RELIANCE INSURANCE COMPANY OF PHILADELPHIA." 

PHILADELPHIA, PA. 

[Incorporated April 21, 1841. Commenced business Aug. 9, 1S44.] 

Paid-up Capital, $300,000. 

WILLIAM CHUBB, President. CHAS. J. WISTER, Jr., Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $15,000 00 $17,250 00 

City of Philadelphia bonds, .... 67,000 00 71,130 00 

City of Pittsburgh bonds, .... 48,000 00 53,580 00 

City of Quincy, 111., bonds, .... 15,000 00 15,150 00 

City of Wilmington, Del., bonds, . . . 20,000 00 21,400 00 

American Steamship Company bonds, . . 5,000 00 5,200 00 

United Company of New Jersey bonds, . . 5,000 00 5,250 00 

Lehigh Coal & Navigation Company bonds, . 20,000 00 21,400 00 

Lehigh Valley Railroad Company bonds, . 45,000 00 46,850 00 

Easton & Amboy Railroad bonds, . . . 20,000 00 21,700 00 

North Pennsylvania Railroad bonds, . . 15,000 00 17,850 00 

Louisville & Nashville Railroad bonds, . . 8,000 00 8,960 00 

Northern Central Railroad bonds, . . . 10,000 00 11,450 00 

Philadelphia & Erie Railroad bonds, . . 25,000 00 29,500 00 

Philadelphia & Baltimore Central R.R. bonds, 10,000 00 10,600 00 

Phila.,Wilming'n & Baltimore R.R. certificates, 25,000 00 25,625 00 

Pennsylvania Railroad bonds 4,000 00 4,600 00 



THE RELIANCE INSURANCE CO. OF PHILADELPHIA. 



313 



Steubenville & Tnd. Railroad bonds, 
Pennsylvania Equipment Trust certificates, 
Camden & Atlantic Railroad bonds, 
Pennsylvania & New York Canal Co. bonds, 
Car Trust of New York certificates, 
Allentown Terminal Railroad bonds, 
Philadelphia & Reading Railroad bonds, 
Delaware River Ferry Company bonds, . 
200 shares Commercial National Bank, . 
40 shares Mechanics' National Bank, 
Philadelphia Traction Company bonds, . 
People's Passenger Railway stock certificates, 
American Water Works Company bonds, 



Tar Value. 

$10,000 00 

15,000 00 

30,000 00 

60,000 00 

1,000 00 

15,000 00 

10,000 00 

10,000 00 

10,000 00 

4,000 00 

5,000 00 

5,000 00 

10,000 00 



Market Value. 

$10,900 00 

15,000 00 

31,200 00 

62,400 00 

1,000 00 

15,150 00 

9,800 00 

10,250 00 

9,800 00 

3,000 00 

5,000 00 

4,675 00 

8,500 00 



$542,000 00 $574,170 00 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Rents due and accrued, 

Reinsurance, 

Perpetual insurance deposit, 

Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, . 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, . 



$105,000 00 

144,280 00 

1,951 12 

574,170 00 

3,194 33 

26,687 33 

39,503 09 

168 00 

951 42 

1,525 00 



$772 73 

24,519 54 

1,850 00 

$27,142 27 
1,636 77 

$25,505 50 

209,772 04 

129,919 15 

7,900 00 

4,263 38 



$897,430 29 



377,360 07 



$520,070 22 
300,000 00 

$220,070 22 



* Value of lands mortgaged, . . . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$132,600 00 
175,400 00 
104,416 00 



314 



THE RELIANCE INSURANCE CO. OF PHILADELPHIA. 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



$33,254 61 

372,510 94 

1405,771 45 
39,503 09 

$366,268 36 
75,546 98 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, . . $5,768 75 

Gross cash income, 

Expenditures. 
Cash paid for fire losses, $146,795 27 

Deduct salvage and reinsurance, . . . 13,889 51 

Xet cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Deposits returned on perpetual fire risks, . 

Gross cash expenditures, .... 

Risks and Premiums. 



$4,933 50 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Xet amount in force, . 



. $31,727,822 00 
. 34,574,281 00 



. $66,302,103 00 
. 29,751,129 00 



. $36,550,974 00 
. 3,204,391 00 

. $33,346,583 00 



Perpetual risks in force (not included above), $5,170,819 00 

Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$290,721 38 

19 32 

24,397 03 

. 7 75 

496 34 



$323,05: 



$132,905 76 

18,000 00 
58,44G 43 
_ 1.933 20 
33 
16.619 91 



$256. 035 63 



Premiums. 

372,516 94 



$714,125 56 
73 



$421,195 83 
35- 



$140,453 13 



$3,734^87 00 

2,355.221 00 
127,759 00 
808,597 00 

> 00 

42,550 00 



ROCHESTER GERMAN INS. CO. OF ROCHESTER, NEW YORK. 315 

" ROCHESTER GERMAN INSURANCE COMPANY OF ROCHESTER, 
NEW YORK," ROCHESTER, N. Y. 

[Incorporated Feb. 16, 1872. Commenced business Feb. 23, 1872.] 

Paid-up Capital, $200,000. 

FREDERICK COOK, President. H. F. ATWOOD, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

Rochester Railway bonds, .... $100,000 00 

Georgia State bonds, 25,000 00 

Germ an- American Bank of Rochester stock, . 10,000 00 

Rochester Title Insurance Company stock, . 10,000 00 



Market Value. 

$98,000 00 
25,000 00 
17,500 00 
10,000 00 



$145,000 00 $150,500 00 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens*), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, . 

Interest due and accrued, . 

Premiums in course of collection (gross) 

Gross assets, .... 
Deduct special deposits in other States, 



Balance, 



$191,809 22 

381,865 00 

6,573 77 

150,500 00 

1,065 30 

57,966 92 

1,250 00 

67,531 29 



$858,561 50 
50,000 00 

$808,561 50 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy-holders, 
Paid-up capital, 



$5,923 38 
23,536 14 

3,541 67 
341,952 82 

1,103 34 



$376,057 35 
9,634 87 



366,422 48 



$442,139 02 
200,000 00 



Surplus over capital, $242,139 02 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$425,340 00 
601,500 00 
377,750 00 



316 ROCHESTER GERMAN INS. CO. OF ROCHESTER, NEW YORK. 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Profit and loss account, etc., 



$72,931 99 

631,095 04 

1704,027 03 

67,531 29 



$636,495 74 
237,753 58 



sources, 



$398,742 16 

.,450 83 

5,014 53 

11,848 32 

10,455 93 



Gross cash income, $448,517 77 



Expenditures. 
Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... % 

Gross cash expenditures, . 



£406,386 56 
95,472 59 



$310,913 97 
20,000 00 
86,668 34 
26,544 m 
13,697 90 
39,309 69 



?497,134 00 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiams. 

.f81,472,980 00 $931,059 17 

. 52,026,409 00 631,095 04 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$133,499,389 00 $1,562,154 21 
. 68,902,770 00 838,141 88 



.$64,596,619 00 $724,012 33 
440,938 00 4.797 03 



.$64,155,681 00 $719,215 30 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$7,160,606 00 

4,161.342 00 

255,074 00 

379,000 00 

20,000 00 

33,250 00 



RUTGERS FIRE INSURANCE CO. 



317 



"RUTGERS FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated Oct. 3, 1853. Commenced business Oct. 10, 1853.] 

Paid-up Capital, $200,000. 

EDWARD B. FELLOWS, President. HENRY C. KREISER, Secretary. 



Detailed Statement of Stocks 

District of Columbia bonds, .... 
240 shares N. Y. Cen. & Hudson River R.R., . 

300 

466 

300 

50 

187 



Delaware, Lacka. & Western R.R., 
Delaware & Hudson Canal Co., 
Consolidated Gas Company, N. Y., 
Long Island Railroad, 
Tradesmen's National Bank, N. Y., 



N. Y. Elevated Railroad bond, . 



Summary of Assets Dec. 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due- and accrued, . 
Premiums in course of collection (gross), 
Premiums more than three months due, $68 75 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
State and local taxes, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, , 
Paid-up capital, ... 

Surplus over capital, . 



and Bonds. 

Par Value. 

$50,000 00 

24,000 00 

15,000 00 

46,600 00 

30,000 00 

2,500 00 

7,480 00 

1,000 00 



Market Value. 

$57,000 00 

23,640 00 

24,150 00 

59,182 00 

39,300 00 

2,200 00 

6,732 00 

1,100 00 



$176,580 00 $213,304 00 

31, 1894. 

$69,500 00 

28,700 00 

490 83 

213,304 00 

483 95 

6,510 37 

1,811 43 

9,409 04 

$330,209 62 



$1,197 76 

10,531 70 

1,000 00 

$12,729 46 

92 24 

$12,637 22 

57,235 74 

79 65 

1,405 97 

984 29 

89 30 



72,432 17 

$257,777 45 
200,000 00 

$57,777 45 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$44,500 00 
26,500 00 
26,050 00 



318 



RUTGERS FIRE INSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1893, . $14,446 83 
Same not collected, 253 41 

Net collected $14,193 42 

Premiums on risks written or renewed, . . 115,872 33 

Total, $130,065 75 

Premiums now in course of collection, . . 9,477 79 

Entire premiums collected, .... 8120,587 96 
Less reinsurance and return premiums, . . 17,902 04 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 

Gross cash income, . 



$102,685 92 

1,714 19 

10,276 86 

$117,311 97 



Expenditures. 
Cash paid for fire losses, 

Deduct salvage and reinsurance, . ... 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

for repairs on real estate, 

Gross cash expenditures, .... 



$69,423 20 
968 85 



$68,454 35 
20,000 00 
21,118 77 

13,391 25 

2,068 48 

5,926 80 

660 'J 2 

$181 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

§12,552,531 00 $123,430 79 
11,004,068 00 115,872 33 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



323,556,599 00 $239,303 12 
12,306,891 00 120,946 62 



$11,249,708 00 $118356 50 

163,679 00 1,607 26 



$11,086,029 00 8110.749 24 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during: the year. .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$3,501,268 00 

1,490,255 00 

65,973 00 

1,102,000 00 

20,000 00 

50,200 00 



SECURITY INSURANCE CO. OF NEW HAVEN. 



319 



"SECURITY INSURANCE COMPANY OF NEW HAVEN," 
NEW HAVEN, CONN. 

[Incorporated April, 1841. Commenced business April, 1841.] 

Paid-up Capital, $200,000. 

CHAS. S. LEETE, President. H. MASON, Secretary. 



Detailed Statement of Stocks 



Tradesmen's Nat'l Bank (New Haven) stock 
Second National Bank (New Haven) stock, 
Merchants' Nat'l Bank (New Haven) stock, 
Yale National Bank (New Haven) stock, 
New Haven Nat'l Bank (New Haven) stock, 
New Haven Co. Nat'l B'k (New Haven) stock 
American Exchange Nat'l B'k (N. Y.) stock, 
Commerce Nat'l Bank (New York) stock, 
Western National Bank (New York) stock, 
New Haven Water Company stock, 
New Haven Water Company scrip, 
Southern New England Telephone Co. stock, 
New York, New Haven & Hartford R.R. stock 
Chicago, Rock Island & Pacific R.R. stock, 
Cleveland, Cincinnati, Chicago & St. Louis Ry. 
Macon (Ga.) Gas Light & Water Co. bonds, 
Minneapolis & St. Louis Railroad bonds, 
Savannah & Western Railroad bonds, 
New York & New England Railroad bonds, 
New York, New Haven & Hartford Railroad 
Columbus & Hocking Coal & Iron Co. bonds 
Southern New England Telephone Co. bonds 
City of Omaha, Neb., bonds, 
City of Council Bluffs, Iowa, bonds, 
City of Superior, Wis , bonds, . 



Securities held as collateral for cash loans : — 

New Haven Water Co. stock, .... 
City Bank, New Haven, stock, .... 
Mechanics' Bank, New Haven, stock, 
Third National Bank, Rockford, 111., stock, 



and Bonds. 

Par Value. 

$16,000 00 
11,700 00 
20,0C0 00 
16,300 00 
20,000 00 
18,830 00 
10,000 00 

3,500 00 

7,500 00 

1,500 00 
775 00 

5,000 00 
15,000 00 
11,000 00 
10,000 00 
10,000 00 

4,000 00 
10,000 00 
14,000 00 

6,000 00 
10,000 00 

2,000 00 
10,000 00 

2,000 00 
10,000 00 



Market Value. 

$22,080 00 

19,305 00 

18,200 00 

18,908 00 

34,000 00 

26,362 00 

15,600 00 

6,475 00 

8,400 00 

3,000 00 

2,244 40 

4,050 00 

29,400 00 

6,820 00 

8,600 00 

6,500 00 

4,800 00 

5,500 00 

15,750 00 

8,280 00 

10,000 00 

2,050 00 

10,800 00 

2,040 00 

10,000 00 



$ 245,1 05 00 $ 299,224 40 



Market Value.' 

$1,000 00 

2,829 00 

384 00 

3,800 00 



Loaned Thereon. 

$800 00 
2,500 00 
3,000 00 



$8,018 00 $6,300 00 



Summary of Assets Dec 31, 1894. 
Cash value of unencumbered real estate, . $62,400 00 
Loans on mortgage of real estate (first liens*), 129,900 00 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$371,125 00 
117,450 00 
117,450 00 



320 



SECURITY INSURANCE CO. OF NEW HAVEN. 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, . . 
Premiums in course of collection (gross) , 
Notes taken for marine and inland risks, 

Reinsurance, 

Gross assets, 



$1,360 76 

299,224 40 

6,300 00 

138 17 

38,650 15 

539 87 

55,040 40 

8,352 58 

1,026 87 



$602,933 20 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 



Surplus over capital, 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, 



$12,749 01 

40,912 34 

1,900 00 

$55,561 35 
8,677 65 

£46,883 70 

263,501 36 

10,623 32 

2,751 85 

3,642 01 



$48,335 75 
148 39 

$48,187 36 
519,268 68 

$567,456 04 
52,437 17 

$515,018 87 
140,643 46 

$3,128 72 
103,357 89 

§106,486 61 
2,603 23 

$103,883 38 
46,661 03 



327,402 24 



$275,530 96 
200,000 00 



$75,530 96 



$374,375 41 



57,222 35 



SECURITY INSURANCE CO. OF NEW HAVEN. 



321 



Interest received on mortgages, § 7, 27 7 87 

Interest and dividends received from all other sources, . . 15,857 58 

Gross cash income, $454,733 21 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

Gross cash expenditures, .... 



$264,554 94 
20,717 30 

$72,288 22 
36,154 05 



$243,837 64 



36,134 17 

6,000 00 

91,664 23 

38,556 49 

8,212 56 



$424,405 09 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$66,474,974 00 $611,380 75 
50,069,347 00 519,268 68 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$116,544,321 00 $1,130,649 43 
59,886,300 00 558,832 91 



$56,658,021 00 $571,816 52 
5,683,813 00 73,099 09 



$50,974,208 00 $498,717 43 

$1,130,353 00 $22,249 35 
6,906,128 00 103,357 89 



58,036,481 00 $125,607 24 
7,531,766 00 108,661 76 



$504,715 00 $16,945 48 
90,356 00 3,186 79 



$414,359 00 $13,758 69 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (3 per cent.), . 
Company's stock owned by directors, .... 



$8,436,666 00 

5,838,422 00 

231,943 00 

39,853 00 

415,281 00 

6,000 00 

51,360 00 



322 



SPRING GARDEN INSURANCE CO. 



"SPRING GARDEN INSURANCE COMPANY," PHILADELPHIA. PA 

[Incorporated April 15, 1835. Commenced business Aug. 29, 1835.] 

Paid-up Capital, $400,000. 

W. G-. WARDEN, President. CLARENCE E. PORTER, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

City of St. Joseph bonds, $20,000 00 

National Water Works Co. of N. Y. bonds, . 10,000 00 10,000 00 

Pittsburgh, Cin. & St. Louis R.R. bonds, . . 30,000 00 34,800 00 

Lehigh Valley Railroad bonds, . . . 20,000 00 24,800 00 

People's Passenger Railway bonds, . . . 10,000 00 12,000 00 

Lehigh Coal & Navigation Company bonds, . 20,000 00 26,500 00 

American Steamship Company bonds, . . 5,000 00 5,175 00 

Terre Haute & Logansport Railroad bonds, . 20,000 00 21,000 00 

Cleve., Columbus, Cin. & Ind. R.R. bonds, . 10,000 00 12,250 00 

Jacksonville, Louisville & St. Louis R.R. b'ds, . 21,000 00 10,500 00 

Columbus & Cincinnati Midland R.R. bonds, . 20,000 00 17,600 00 

Marietta & North Georgia Railroad bonds, . 20,000 00 6,000 00 

Zanesville& Ohio River Railroad bonds,. . 10,000 00 3,000 00 

Clearfield & Jefferson Railroad bonds, . . 15,000 00 17,400 00 

Jacksonville, Tampa & Key West R.R. bonds, 10,000 00 9,000 00 

Philadelphia & Reading Railroad bonds, . . 24,000 00 23,520 00 

Penn. & New York Canal & R.R. bonds, . . 10,000 00 10,850 00 

Allegheny Valley Railroad bonds, . . . 5,000 00 6,350 00 

Philadelphia & Reading Railroad bonds, . . 10,000 00 10,600 00 

Robert H. Coleman bonds, .... 5.000 00 10 00 

Bloomington City (HI.) Railway bonds, . . 27,000 00 13,500 00 

Pennsylvania & Northwestern Railroad bonds, 25,000 00 25." 

Bells Gap Railroad bonds, .... -.'0000 8,96000 

Pennsylvania Steel Company bonds, . . 10,000 00 9,250 00 

Camden & Atlantic Railroad bonds, . . 10,000 00 11,800 00 

Sunbury, Hazelton & Wilkesbarre Ry. bonds, . 10,000 00 10,300 00 

Allegheny Valley Railway bonds, . . . 10,000 00 10 00 

Philadelphia & Reading Railroad bonds, . 15,000 00 15,000 00 

Wilmington & Northern Railroad bonds, . 25,000 00 26,000 00 

Camden, N. J., Horse Railroad bonds, . . 15,000 00 15,750 00 

Newark, N. J., Passenger Railway bonds, . 10,000 00 10,250 00 

Rochester, N. Y., Railway bonds, . . . 10,000 00 10,000 00 

Phila., Reading & New England R.R. bonds, . 30,000 00 15,000 00 

Morto;ao;e Trust Co. of Pennsvlvania bonds, . 25.000 00 25,00" 

100 shares Pennsylvania Railroad Company, . 5,000 00 5.100 00 

200 shares Penn. National Bank of Phila., . 10,000 00 17,000 00 
Oglethorpe Savings & Trust Co., Savannah, 

Ga., certificate, 10,000 00 00 

Chicago & Western Ind. Railroad bonds, . 15,000 00 17*550 00 

Easton & Amboy Railroad bonds, . . . 10,000 00 10,800 0C 



SPRING GARDEN INSURANCE CO. 



323 



Sanitary Dist. of Chicago, 111., bonds, 
People's Passenger Railway Company bonds, 
International Navigation Co. of N.J. bonds, . 
Philadelphia & Reading Railroad bonds, . 
Northern Pacific R R. and Land Grant bonds, 
Cleveland Electric Railway Company bonds, . 
Bells Gap Railroad Company bonds, 
Lehigh Valley Coal Company bonds, 
Jacksonville Southeastern Railway Co. bonds, 
New York & Long Branch Railroad bonds, 



Securities held as collateral for cash loans : — 

Lehigh Valley Railroad bonds, 

Phila., Reading & New England R.R. bonds, . 

Cohansey Glass Manuf . Co. (N. J.) scrip, 

33 shares Cohansey Glass Manuf. Co., N. J., . 



$10,000 00 

15,000 00 

15,000 00 

10,000 00 

10,000 00 

5,000 00 

5,000 00 

5,000 00 

7,000 00 

5,000 00 



,600 00 

14,025 00 

10,000 00 

10,450 00 

11,250 00 

4,950 00 

5,600 00 

5,150 00 

7,000 00 

5,700 00 



$602,000 00 $635,630 00 



Market Value. Loaned Thereon. 



$14,880 00 
9,080 00- 
3,400 00 
3,300 00 



$13,500 00 
12,000 00 



$30,660 00 $25,500 00 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens*), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Loans on collateral security, as per schedule, 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Notes taken for fire risks, 

Rents due and accrued, .... 

Bills receivable, 

Premiums more than 3 months due, $397 81 
Gross assets, 



$303,600 00 

251,300 00 

6,885 22 

635,630 00 

25,500 00 

1,339 71 

26,407 83 

508 33 

48,664 47 

290 00 

703 51 

4,761 05 



$1,305,590 12 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Due and accrued for rent, salaries, etc., 



$14,816 77 

39,972 01 

7,250 00 

$62,038 78 
11,192 65 

$50,846 13 

293,145 28 

378,510 56 

621 31 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$474,975 00 
207,250 00 



324 



SPRING GARDEN INSURANCE CO. 



State and local taxes, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 

Surplus over capital, . 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources. 

Deposits received for perpetual fire risks, 

Gross cash income, .... 

Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash dividends paid, .... 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 
Deposits returned on perpetual fire risks, 

Gross cash expenditures, . 

Risks and Premiums. 



£1,632 00 
744 11 
414 08 

30,222 61 



$42,395 58 

589,759 20 

$632,154 84 
49, 

$583,092 50 
177,319 94 



sources, 



eo,4iy 01 



$229,649 65 
23,650 23 



?10,G46 41 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 
Perpetual risks in force (not included above), §17,449,669 00 



. $48,509,122 00 
. 52,781,032 00 

$101,290,154 00 
. 45,729,100 00 

. $55,561,054 00 
. 5,528,066 00 






,4-24 04 



$143,424 04 



$40.'-;- - 

13,079 39 

- 03 
8,411 

1,125 49 



,999 42 
32. 
82, 
15. 

17,688 40 
33,589 36 



?387,5G 

Premiums. 

£551,779 67 
589,759 26 

$1,141,538 

518,56: 



. $50,032,988 00 



$622,970 43 

" . 96 77 

?552,S7 9 66 

$415,011 73 



ST. PAUL FIRE AND MARINE INSURANCE CO. 



325 



Miscellaneous. 

Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$3,535,785 00 

217,338 00 

1,769,215 00 

32,000 00 

128,300 00 



"ST. PAUL F1EE AND MARINE INSURANCE COMPANY," 

ST. PAUL, MINN. 

[Incorporated May, 1865. Commenced business May, 1865.] 

Paid-up Capital, $500,000. 

C. H. BIGELOW, President. A. W. PERRY, Secretary. 



Detailed Statement of Stocks 



475 " Merchants' National Bank, St. Paul, 
50 " Second National Bank, St. Paul, 

130 " Bank of Minnesota, St. Paul, . 

332 " St. Paul National Bank, St. Paul, 
45 4i First National Bank, Alexandria, 
60 k4 Flour City Nat'l B'k, Minneapolis, 
50 " St Paul Trust Company, St. Paul, 
30 " First National Bank, St. Peter, 
50 " First National Bank, Stillwater, 
45 " Northwestern N'l B'k, Minneapolis 

100 " First National Bank, Minneapolis, 
60 " American Exchange Bank, Duluth 

100 " First National Bank, Duluth, . 
50 " Northwestern N'l B'k, W. Superior 
40 " Pioneer Press Company, . 

100 " North American Telegraph Co , 

State of Georgia bonds, . 

City of Jordan bonds, 

Town of Sauk Centre bonds, 

Town of Vernon Centre bonds 

Town of Jo Davies bonds, 

Town of Elmore bonds, . 

Town of Garden City bonds, 

Town of Winnebago bonds, 

Village of Winnebago bonds, 

Town of Pilot Grove bonds, 

Town of Mazeppa bonds, . 

Town of Oakwood bonds, . 

Town of Blue Earth City bonds, 

County of Pine bonds, 



and Bonds. 

Par Value. 

$32,000 00 

47,500 00 

5,000 00 

13,000 00 

33,200 00 

4,500 00 

6,000 00 

5,000 00 

3,000 00 

5,000 00 

4,500 00 

10,000 00 

6,000 00 

10,000 00 

5,000 00 

2,000 00 

10,000 00 

25,000 00 

34,000 00 

1,000 00 

4,500 00 

5,500 00 

6,500 00 

1,500 00 

10,000 00 

5,000 00 

5,000 00 

5,000 00 

3,500 00 

36,000 00 

4,500 00 



Market Value. 

$76,800 00 

95,000 00 

13,400 00 

18,200 00 

33,200 00 

5,850 00 

6,000 00 

5,000 00 

4,200 00 

7,250 00 

7,110 00 

10,000 00 

10,500 00 

12,500 00 

5,250 00 

1,500 00 

10,000 00 

26,000 00 

34,000 00 

1,000 00 

4,500 00 

5,775 00 

6,825 00 

1,500 00 

10,500 00 

5,250 00 

5,250 00 

5,250 00 

3,675 00 

37,800 00 

4,950 00 



326 



ST. PAUL FIRE AND MARINE INSURANCE CO. 



County of Rock bonds, .... 
Count}* of Dawson bonds, 
County of Kidder, N. D., bonds, 
County of Carver, Minn., School Dist. bonds, 
School Dist. 11, Big Stone County, Minn., b'dfl 
County of Jerauld, S.D., School Township b'ds 
County of Sanborn, S. D., School Dist. bond-, 
County of Barnes & Cass, N.D., School Dist. b'ds, 



Securities held as collateral for cash loans : — 

65 shares Bank of Minnesota. St. Paul, . 
481 " Savings Bank, St. Paul, . 

39 " Minn. Laud and Investment Co., 
77 " Minneapolis Union Elevator Co., 

285 " Farwell,Ozum,Kirk&Co., St. Paul 

200 " Lake Superior Elevator Co. stock 

Duluth, and real estate deed, 

300 " North American Telegraph Co., 

50 " First NatM Bank, Little Falls, Minn. 

70 " Strong-Hackett Hardware Co., 

75 " Rutland Co. Nat'l B% Rutland,Vt 

65 " First Xat'l Bank of Pembina, N. D 

25 " Scandinavian-American B*k,St. Paul 

40 " St. Paul Title and Trust Co., . 
124 " Pioneer Press Company, St Paul, 

43 " B'k of Sargent County, X. D., stock 
15 " Citizens' Natl B'k.Wahpeton, X. D. 
10 " First Xat'l Bank, Appleton, Minn., 
10 " First Xat'l Bank, Glencoe, Minn., 
Little Falls, Minn., Electric and Water Co. b'ds 
Little Falls, Minn., Water Power Co. bonds, 
500 shares Spring Valley Coal Compauy, 
500 " St. Paul Foundry Company, . 
10 " St. Paul National Bank, . 
10 " West Side Bank, St. Paul, 
10 " Germania Bank, St. Paul, 



Par Value. 

00 

00 
00 
10 00 

8,000 00 

1,2' ' 

00 
10,100 00 



Market Value. 

$27.' 

1.5' 


,100 00 



$408,500 00 $537,435 00 



Market Value. 

76,960 00 
15,0 00 
10,010 00 
81,850 

15,800 00 
80,1 

00 00 
00 

9,375 I 

00 
2,750 00 
4,000 00 
4,650 00 
4,800 00 
1,500 001 
1,000 00 j. 
1,100 00 j 

31,500 00 
">00 00 

37,500 00 > 

1,000 001 
00 00 \. 

1,000 00 j 



Loaned Th 

: 

6i.- 

00 
10 00 

18,7 

00 

24. 

I 

■ 
I 

2 

2 






$358,645 00 $241.." 



Summary of Assets Dec. 31, 1894.* 
Cash value of unencumbered real estate, . $310,374 60 

Loans on mortgage of real estate (first liens f), 589,462 65 

* The company holds, also, instalment premium notes to the amount of $19,01S.6*2 which do 
not enter into nor form any part of the assets of the company, as no portion of them is earned. 
Whatever value is attached to them would necessarily be counterbalanced by the addition of an 
exactly equal amount to the reinsurance liability, the entire sum consisting of " unearned pre- 
miums." 

t Value of lands mortgaged, $533,190 04 

Value of buildings thereon "9 96 

Amount of insurance held as collateral 467,574 99 



ST. PAUL FIRE AND MARINE INSURANCE CO. 



327 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 
Less reinsurance and return premiums, . 
Net cash marine premiums received, 



$27,006 16 

537,435 00 

241,250 00 

8,986 43 

167,387 43 

9,113 14 

162,723 76 

26,556 67 

142 00 



- $2,080,437 84 
26,000 00 



$62,924 86 
88,715 60 
13,223 66 



$164,864 12 
5,465 06 



$159,399 06 

852,351 82 

24,408 56 

17,906 96 

$1,054,066 40 
12,070 71 



$131,163 58 
1,264,295 10 

$1,395,458 68 
162,723 76 



$1,232,734 92 
211,142 69 

$55,914 39 
244,146 41 

$300,060 80 
26,556 67 



$273,504 13 
30,902 23 



$2,054,437 84 



1,041,986 69 

^1,012,451 15 
500,000 00 

$512,451 15 



1,021,592 23 



242,601 90 



328 



ST. PAUL FIRE AND MARINE INSURANCE CO. 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



So 1,279 36 



Gross cash income, $1,378,587 71 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for marine and inland losses, . 

Deduct salvage aud reinsurance, 

Net cash paid for marine and inland losses, . 
h dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$751,192 82 
56,716 33 



31,575 82 



$694,476 49 



188,559 03 

.000 00 

73 

63 

25.299 95 



Gross cash expenditures, 

Risks and Premium 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, ... 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Xet amount in force, 

Marine risks outstanding Dec. 31, 1893, 
[Marine risks written during 1894, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 



Premiums. 

$129,917,315 00 $1,710,117 84 
.669,565 00 1,264,295 10 



.586,880 00 $2,974,412 94 
85,049,961 00 1,300,154 32 



£124,536.919 00 $1,674,258 

4,160,696 00 54,410 35 



f 120,376,223 00 $1,619,848 27 

. $3,944,904 00 | 18 
. 25,176,934 00 1,146 41 



.$29,121,838 00 $398,216 59 
. 26,095,722 00 289,926 86 



16 00 $10- M " 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the vear, 
Marine and inland losses incurred during the vear, 
Cash dividends declared from organization of company 
Dividends declared during the year (10 per cent.). . 
Company's stock owned by directors, 



L5 00 

11,767.684 00 

674,098 00 

3 00 

1,196,694 00 

50,000 00 

163 



UNION INSURANCE CO. OF PHILADELPHIA. 



329 



"UNION INSURANCE COMPANY OF PHILADELPHIA; 1 
PHILADELPHIA, PA. 

[Incorporated Feb. 6, 1804. Commenced business July 25, 1803.] 

Paid-up Capital, $200,000. 

CHAS. S. HOLLINSHEAD, President. E. R. DANNELS, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

Chesapeake & Delaware Canal Co. bonds, 
American Steamship Company bonds, 
Susquehanna Coal Company bonds, 
Baltimore & Ohio Railroad bonds, . 
Steubenville & Indiana Railroad bonds, . 
Philadelphia & Reading Railroad, . 
New York Car Trust bonds, . 
Shamokin, Sunbury & Lewisburg R.R. bonds 
Perkiomen bonds, .... 
Huntington & Broad Top car trust, . 
100 shares Little Schuylkill Railroad, 
200 ' 
136 

48 ' 

68 

88 



Pennsylvania Railroad, . 
North Pennsylvania Railroad, 
Delaware Railroad, . 
Philadelphia National Bank, . 
Farmers' & Mechanics' Nat'l Bank 
Delaware Insurance Company, 



Securities held as collateral for cash loans : — 

25 shares Corn Exchange National Bank, 
14 shares Common w'th Title Ins. & Trust Co. 
United N J. Railroad & Canal Company, 
Lee County, Iowa, bonds, .... 
50 shares 13th & 15th Streets Passenger R'way 
64 ' 
22 ' 
10 ' 

5 ' 

3 ' 

2 



Union National Bank, 
Commonw'th Title Ins. & Trust Co. 
Pennsylvania Fire Insurance Co., 
American Fire Insurance Company 
Reliance Insurance Company, . 
Pennsylvania Railroad bonds, . 



Philadelphia & Reading Railroad bonds, 



and Bonds. 

Par Value. 

$10,000 00 

15,000 00 

6,000 00 

10,000 00 

25,000 00 

15,000 00 

53,329 00 

23,000 00 

4,000 00 

13,000 00 

10,000 00 

5,000 00 

10,000 00 

6,800 00 

1,200 00 

6,800 00 

8,800 00 

2,200 00 



Market Value. 

$11,800 00 

7,950 00 

6,225 00 

11,600 00 

30,000 00 

16,800 00 

52,857 16 

23,000 00 

4,040 00 

13,000 00 

10,000 00 

6,800 00 

10,200 00 

11,696 00 

1,488 00 

12,444 00 

9,240 00 

2,024 00 



$225,129 00 $241,164 16 



Market Value. 

$1,875 00 

1,025 50 

5,250 00 

1,700 00 

11,550 00 

4,928 00 

1,611 50^ 

2,900 00 

475 00 

150 00 

102 00 

855 00 J 



Loaned Thereon. 

$1,500 00 
5,000 00 

1,000 00 
8,500 00 
3,048 00 



} 5,000 00 



J32.422 00 $24,048 00 



Summary of Assets Dec. 31, 1894. 
Cash value of unencumbered real estate, . $160,000 00 
Loans on mortgage of real estate (first liens), 9,900 00 



330 



UNION INSURANCE CO. OF PHILADELPHIA. 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents due and accrued, .... 
Perpetual insurance deposit, 

Gross assets, .... 

Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, 

disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, 
Dividends to stockholders unpaid, . 
Commissions and brokerage, . 

Miscellaneous, 

Reinsurance disallowed, . 

Gross liabilities, except capital. 

Surplus as regards policy-holders, . 
Paid-up capital, .... 

Surplus over capital, . 

Lxcome. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



$97 50 

241,164 16 

24,048 00 

972 68 

57,826 27 

1,331 04 

62,of'ii 

70 

2 71 
742 



$14,723 40 
17,088 35 

1,725 00 

$33,5.10 75 
919 28 

$32,617 47 

192,121 24 

33,339 41 

1,644 17 

ll,64v 

40 53 

15 



$70,352 27 
60 16 



$70,292 11 
351,288 50 



-$421,580 61 
62,000 80 



§359,579 -1 
60,485 37 



sources, . 

. £452 25 



$538,842 36 



271,426 94 

$267,415 42 

I 00 

$67,415 42 



^299.0^4 44 
: 50 

11.765 37 



- 



UNITED FIREMEN'S INSURANCE CO. OF PHILADELPHIA. 331 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash paid for marine and inland losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

for expenses on real estate, 
Deposits returned on perpetual fire risks, 

Gross cash expenditures, .... 



$ 158,264 62 
5,778 75 



$629 00 



$152,485 87 

580 98 

50 35 

55,623 10 

26,209 33 

8,881 07 

19,857 53 

3,978 48 



$267,666 71 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 

.$35,403,432 00 $376,361 70 
. 32,768,124 00 351,288 50 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



.$68,171,556 00 $727,650 20 
. 32,927,349 00 331,635 65 



.$35,244,207 00 $396,014 55 
784,951 00 8,493 97 



$34,459,256 00 $387,520 58 



Perpetual risks in force (not included above), . $1,246,528 00 $37,043 79 



Miscellaneous. , 

Premiums received from organization of company, 

Losses paid from organization of company, 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Company's stock owned by directors, . . . . 



$23,283,342 00 

. 16,758,953 00 

134,443 00 

. 1,876,221 00 

29,020 00 



" UNITED FIREMEN'S INSURANCE COMPANY OF PHILADELPHIA. 

PHILADELPHIA, PA. 

[Incorporated April 2, 1860. Commenced business April 1, 1861.] 

Paid-up Capital, $300,000. 

ROBERT B. BEATH, President. DENNIS J. SWEENY, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

$40,000 00 $40,400 00 

lo,000 00 11,500 00 



Philadelphia city bonds, . 
Northern Central Railroad bonds, 



332 UNITED FIREMEN'S INSURANCE CO. OF PHILADELPHIA. 



Chicago & Western Indiana Railroad bonds, 
Zanesville & Ohio Railroad bonds, . 
Pennsylvania Equipment Trust Co. bonds, 
Jacksonville, Tampa A Key West R.R. bonds 
Toledo Belt Line Railway bonds, 
Chattanooga Union Railroad bonds, 
McKeesport & Belle Vernon Railroad boi. 
Atlantic City Railroad bond-. . 
Lehigh Valley Railway bonds, 
Philadelphia & Reading Railroad bonds, 
The Mortgage Trust Co. of Penn. bon 
The Real Estate Title Ins. and Trust Co. bonds 
City of Woonsocket, Dakota, bonds, 

199 shares Union Passenger Railway, 

200 shares Continental Passenger Railway, 
Penn. & Xew York Canal and R.R. bonds, 
Car Trusts of New York, .... 
Evansville & Terre Haute Railroad bond-. 
Columbus & Cincinnati Midland R.R. bonds, 
People's Passenger Railway certificates, . 
Philadelphia & Baltimore R.R. certificates, 
Newark Passenger Railway Company bonds, 
Philadelphia Traction Company col. bonds. 
Consolidated Traction Company, X J., bonds, 



Securities held as collateral for cash loan- ! — 

50 shares 13th and 15th Streets Passenger 1: 

20 " Bucks Co. (Pa.) Trust Company, . 

12 " Xew Hope Delaware Bridge Co., . 

10 " Title Guarantee and Trust Co., X.Y., 

75 '• Real Estate, Title Ins. and Trust Co., 

100 " Record Publishing Company. . 

100 " Chestnut Street National Bank, 

125 " Philadelphia Traction Company, 

30 " Real Estate, Title Ins. and Trust Co., 

27 " Natural Gas Trust, .... 

150 u Philadelphia Traction Company, . 

200 " Metropolitan Traction Company, . 



Value. 

10,000 00 

1". 
1". 

10, 
15, 
10,1 

10,000 00 

00 
00 
19. 

.000 00 

8,000 00 

00 

l<v 

10,000 00 
10,000 

.000 00 



Market Value. 

12,000 00 

00 
10,400 00 

1". 

00 
24,000 00 
19, 
17,1 

) 00 
00 

13. 

10,1 

00 

10,200 00 



1352,950 00 $368,900 00 



Market Value. Loaned Thereon. 

$11,500 00 $>i 
00 



\ 



» 00 
1,600 00 J 
9,112 00 
12,000 00 
10,000 00 
12,500 00 ^ 
3,645 00 > 
3,500 00 J 
15,000 00 



00 

00 
15,000 00 

00 

30,000 00 



.057 00 



Summary of Assets Dec 31, 1594. 

Cash value of unencumbered real estate, . $127,350 00 

Loans on mortgage of real estate (first liens*), 639,654 03 



* Total value of property mortgaged, . 
Amount of insurauce held as collateral, 



$1,352,400 00 
-56 00 



UNITED FIREMEN'S INSURANCE CO. OF PHILADELPHIA. 333 



Interest clue or accrued thereon, 
Stocks and bonds, as per schedule, 
Loans on collateral security, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Notes taken for fire risks, 
Rents due and accrued, 
Perpetual insurance deposit, 
Miscellaneous, .... 
Gross assets, 



.$ 12,699 07 

368,900 00 

76,300 00 

1,389 18 

46,018 84 

1,125 48 

56,931 84 

570 00 

215 66 

1,949 16 

113 00 



$1,333,216 26 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Due and accrued for rent, salaries, etc., . 
State and k>cal taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, 



$7,700 26 

21,760 73 

8,096 81 

204,281 05 

645,203 26 

673 12 

4,591 19 

15,228 26 

8,270 17 

499 60 



916,304 45 

$416,911 81 
300,000' 00 



Surplus over capital, . 



#116,911 81 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all other 
Income from transfers, .... 
Deposits received for perpetual fire risks, 
Gross cash income, .... 



$64,862 80 
331 29 



1,531 51 
346,318 14 



$410,849 65 
56,931 84 



$353,917 81 
57,240 76 



sources, 



$36,947 84 



$296,677 05 

35,176 71 

20,865 20 

389 28 

$353,108 24 



334 



UNITED STATES FIRE INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

for expenses on real estate, 
Deposits returned on perpetual fire risks, 

Gross cash expenditures, .... 



$174,955 23 

24. 
63.- _ 
18,244 
9,3'.' 

18,610 33 
2,342 85 

$18,124 06 

. $310,874 50 



Risks and Premium-. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force af end of year, . 
Deduct amount reinsured, 



".689,591 00 
30,085,216 00 



$67,774,807 00 
.360,345 00 

$35,414,462 00 
1,585,142 00 



Premiums. 

1438,906 V> 

346,318 14 

$785,224 60 
365,640 20 

$419,584 40 
' 19,197 22 



Net amount in force, . . . . f 33,829,320 00 $40'' 

Perpetual risks in force (not included above), $31,263,513 00 $713,217 86 

Miscellaneous. 

Premiums received from organization of company, . f 3,444,199 00 

Losses paid from organization of company, . . . 2,144,626 00 

Fire losses incurred during the year 16V._ -7 

Cash dividends declared from organization of company, 356*506 

Dividends declared during the year (8 per cent.), . . 24,000 

Company's stock owned by directors, .... -7.600 00 



"UNITED STATES FIRE INSURANCE COMPANY," 
NEW YORK, N. Y. 

[Incorporated April 1, 1S24. Commenced business April 9, 1S24.J 

Paid-up Capital, $250,000. 

W. W. UNDERHILL, President. W. H. GRIFFEN, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value- 
United States bonds $97,000 00 $109,973 75 

Rensselaer & Saratoga Railroad stock, . . 17,800 00 33,040 00 

New York Central & Hudson River Railroad, . 10,000 00 7 50 



8124,800 00 $151351 25 



UNITED STATES FIRE INSURANCE CO. 



335 



Summary of Assets Dec. 

Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest clue and accrued, .... 
Premiums in course of collection (gross), 

Reinsurance, etc., 

Gross assets,f 

Deduct special deposits in other States, . 

Balance, 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, 

Gross liabilities, except capital, . 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 



31, 1894. 

$415,000 00 

1,759 57 

151,851 25 

18,628 95 

128 84 

9<8 52 

61,085 03 

1,395 29 



$14,377 95 

28,570 00 

8,270 00 

$51,217 95 
1,244 20 



),973 75 

245,108 91 

1,939 97 

13,779 93 

4,698 47 

9,898 64 

$325,399 67 
7,787 63 



$77,779 00 

453 07 

$77,325 93 

434,720 85 

$ 5 12, 046 78 

57,723 93 

$454,322 85 

127,705 02 



,827 45 
13,605 00 

$637,222 45 



317,612 04 

$319,610 41 

250,000 00 

$69,610 41 



$326,617 83 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$300,000 00 
553,500 00 
453.200 00 



t Including $125,000 special reserve fund held under New York law. 



336 



UNITED STATES FIRE INSURANCE CO. 



Marine premiums outstanding Dec. 31, 1893, 
Same not collected, 



Xet collected, .... 
Premiums on risks written or renewed, 



Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sour 

Gross cash income, 

Expenditures. 



$3,94<> 
29< 

$3,649 68 

25,09:, 

$29,342 91 
3,361 10 

$25,981 81 
2,145 83 



Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for marine and inland losses 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 

Gross cash expenditure* 



$208,465 25 

_ .321 47 



Risks and Premiums. 



$23,835 98 
2: 
2,24 

$376,577 43 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Xet amount in force, 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total 

Deduct risks expired and terminated, 

In force at end of year, 



$48,897,924 00 
41,648,477 00 

$90,546,401 00 
38,706,624 00 

$51,839,777 00 
9,660,384 00 



$182,14: 7fi 

11.279 49 

88,386 69 
16 

1 10 
26, 

$35- 



Premiums. 

$499,104 04 

434 .". 

$93- 
388,232 60 



$545,592 29 
105,274 16 



$42,179,393 00 6440,3: 



$651387 00 

954,810 00 



$1,606,697 00 
961,947 00 



-593 23 

$47,250 53 
26.175 23 



£644,750 00 $21,075 30 



UNITED STATES LLOYDS. 



337 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$5,438,282 00 

2,917,218 00 

177,969 00 

8,409 00 

1,816,590 00 

15,000 00 

53,100 00 



UNITED STATES LLOYDS, NEW YORK, N. Y. 

Commenced business December, 1872. 
HIGGINS, COX & BARRETT, Attorneys. 



Detailed Statement of Stocks 



United States bonds, . 

New York city bonds, 

Boston city bonds, 

St. Louis city bonds, . 

Cincinnati city bonds, 

West Shore R.R. bonds, 

Chicago, Rock Island & Pacific R.R 

Havana municipal bonds, 

Atlantic Mutual Insurance Co. scrip 



bonds, 



and Bonds. 

Par Value. 

$50,000 00 
100,000 00 
50,000 00 
50,000 00 
50,000 00 
50,000 00 
50,000 00 
5,000 00 
50,660 00 



Market Value, 

$54,550 00 
103,000 00 
56,750 00 
51,500 00 
51,000 00 
51,500 00 
50,875 00 
4,737 00 
50,660 00 



Securities held as collateral for cash loans : — 

New York Central & Hud. River R.R. stock, 

Consolidated Gas Co. stock, 

New York & Harlem R.R. stock, 

Fourth National Bank stock, . 

Home Insurance Co. stock, 

Long Island Loan & Trust Co. stock, 

Texas Pacific R.R. bonds, 

Missouri, Kansas & Texas R.R. stock, 



$455,660 00 $474,572 00 

Market Value. Loaned Thereon. 

$ 29,400 00 > 
13,050 00 I $31,625 00 
14,763 00 J 
18,750 00 

4,725 00^1 

2,200 00 \ 



15,000 00 



1,645 00 ! 
1,300 00 j 



8,000 00 



$85,833 00 $54,625 00 



Summary of Assets Dec 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Salvage and reinsurance, .... 
Premiums paid on unterminated re- 
insurance, .... $26,174 40 
Gross assets, 



31, 1894. 

$474,572 00 

54,625 00 

2,000 00 

151,450 47 

9,275 47 

134,586 65 

18,546 99 

54,874 10 



$899,930 68 



338 



UNITED STATES LLOYDS. 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 

Trust funds, 

Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Return premiums, .... 

Rebate, 

Gross liabilities, 



Surplus, 



$123,875 00 
89,788 57 
6,354 52 
1,542 00 
8,762 20 
19,000 00 
4,065 60 



$253,387 89 
$646,542 79 



Income. 

Marine premiums outstanding Dec. 31, 1893, . $98,668 89 
Premiums on risks written or renewed, . . 1,280,344 93 



Total, $1,379,013 82 

Premiums now in course of collection, . . 89,78 s 



Entire premiums collected, .... $1,289,22-' 

Less reinsurance and return premiums, . . 956,876 06 

Net cash marine premiums received, 

Received for commissions, etc., 

Interest and dividends received from all sources, . 



$332,349 19 
104,529 63 

.215 41 



Gross cash income, 8462,094 23 



Expenditures. 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 
Cash paid for salaries of officers and employees, 

Gross cash expenditures, .... 

Risks and Premiums. 



1940378 
749,920 49 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$190,957 SS 
50,000 
55,963 45 
50,824 41 

$347,745 74 



Premiums. 

$98,668 89 



87,786,353 00 
249,026,451 00 1,280,344 93 



5256,812,804 00 $1,379,01: M 
249,552,756 00 1,289,225 25 



£7.260.048 00 
5,243,274 00 



18 ,788 " 

55.122 5€ 



Miscellaneous. 
Marine and inland losses incurred during the year, 



$2,016,774 00 $34,66 

. $1,086,298 00 



WESTCHESTER FIRE INSURANCE CO. 



339 



» WESTCHESTER FIRE INSURANCE COMPANY, 1 ' NEW YORK, N.Y. 

[Incorporated as mutual March 14, 1837. Commenced business as joint-stock Jan. 1, 1870.] 

Paid-up Capital, $300,000. 

G-EO. R. CRAWFORD, President. JOHN Q. UNDERHILL, Secretary. 



Detailed Statement of Stocks 



New York & Harlem Railroad stock, 

Albany & Susquehanna Railroad stock, . 

Rensselaer & Saratoga Railroad stock, . 

N. Y., Lackawanna & Western R.R. stock, 

Long Island Railroad stock, 

N. Y. Central & Hudson River Railroad stock 

Rome, Watertown & Ogdensburg R.R. stock, 

Delaware & Hudson Canal stock, 

Western Union Telegraph stock, 

Consolidated Gas stock, . 

Underwriters 1 Salvage Company, . 

United States consols, 

Richmond City, Va., bonds, 

X. Y , Lake Erie & Western Railroad bonds, 

Chicago, Burlington & Quincy R.R. bonds, 

St. Joseph & Grand Island Railroad bonds, 

Housatonic Railroad bonds, 

Philadelphia & Reading Railroad bonds, 

Atchison, Topeka & Santa Fe Railroad bonds 

Chesapeake & Ohio Railroad bonds, 

X. Y., West Shore & Buffalo Railroad bonds, 

N. Y., Ontario & Western R.R. bonds, 

Western Union Telegraph bonds, . 



and Bonds. 

Par Value. 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Premiums more than 3 months due, $11,862 50 

Gross assets, . 

Deduct special deposits in other States, . 



Balance, $1,850,279 42 



,000 00 
40,000 00 
50,000 00 
80,000 00 
50,000 00 
50,000 00 
50,000 00 
50,000 00 
50,000 00 
50,000 00 
1,000 00 
75,000 00 
16,000 00 
20,000 00 
20,000 00 
20,000 00 
20,000 00 
25,000 00 
20,000 00 
20,000 00 
20,000 00 
10,000 00 
15,000 00 



Market Value. 

$156,000 00 
66,800 00 
90,000 00 
92,800 00 
44,000 00 
49,000 00 
58,000 00 
63,500 00 
44,000 00 
65,500 00 
1,000 00 
84,750 00 
16,000 00 
12,800 00 
17,500 00 
11,600 00 
23,500 00 
16,000 00 
12,600 00 
21,200 00 
21,000 00 
11,200 00 
16,500 00 



$812,000 00 $995,250 00 

31, 1894. 
§207,000 00 
365,350 00 
3,832 92 
995,250 00 
142,656 09 
236,940 41 



$1,951,029 42 
100,750 00 



Value of lands mortgaged, $402,900 00 

Value of buildings thereon, 452,600 00 

Amount of insurance held as collateral, .... 391,550 00 



340 



WESTCHESTER FIRE INSURANCE CO. 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposi' 

Surplus as regards policy-holders, . 
Paid-up capital, .... 

Surplus over capital, . 

Fire premiums outstanding Dec. 31, 1893 
Same not collected, .... 

Xet collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Xet cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Gross cash income, . 

Expenditures 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees 
for State and local taxes, . 
for incidentals, . 

Gross cash expenditures, . 



$39,274 79 
113,153 00 
8,00 

5,427 79 
28 30 



$151,004 49 

1,098,606 69 

44,240 19 

2,914 49 

$1,297,4'- 

44,458 39 



$1,252,967 47 

$597,311 95 
800,000 00 

$297,311 95 



6196,8: 

1,675 

$195,165 44 
1,649,890 69 

$1,845,056 13 
248,802 91 

f 1,596,253 22 

109,203 06 



sources, . 



- $1,487,050 16 
18,22-3 
45. 

905 96 

. $1,552,142 7 



$889,705 69 
49,912 79 



_ 

30,000 00 

302,799 02 

46,378 12 

.- W 

172.615 97 

$1,419,871 88 



THE WESTERN INSURANCE CO. OF PITTSBURGH. 



341 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$190,781,069 00 $2,048,592 62 
137,926,262 00 1,649,890 69 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$328,707,331 00 §3,698,483 31 
129,015,153 00 1,482,919 46 



$199,692,178 00 
5,616,181 00 



1,215,563 85 
63,499 94 



$194,075,997 00 $2,152,063 91 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$19,794,645 00 

10,995,727 00 

832,431 00 

678,000 00 

30,000 00 

77,590 00 



"THE WESTERN INSURANCE COMPANY OF PITTSBURGH," 

PITTSBURGH, PA. 

[Incorporated March 20, 1849. Commenced business May 1, 1849.] 

Paid-up Capital, $300,000. 

ALEXANDER NIMICK, President. WM. P. HERBERT, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

Allegheny County bonds, . 

Pittsburgh Junction Railroad bonds, 

Pittsburgh & Western Railroad bonds, . 

100 shares Pittsburgh & Western Railroad, 

Lawrence Railroad bonds, 

Pittsburgh & Allegheny Bridge Co. bonds, 

Wilkinsburg Borough bonds, . 

Braddock Township school bonds, . 

New Brighton school bonds, 

German Protestant Evangelical Church bonds 

Bellevue Borough bonds, .... 

Avalon Borough bonds, .... 



and Bonds. 

Par Value. 

$30,000 00 

20,000 00 

23,000 00 

10,000 00 

5,000 00 

1,000 00 

15,000 00 

30,000 00 

6,000 00 

9,000 00 

8,500 00 

6,000 00 

5,000 00 



Market Value. 

$33,900 00 

20,000 00 

26,040 00 

8,350 00 

1,700 00 

1,010 00 

15,300 00 

30,600 00 

6,000 00 

9,150 00 

8,670 00 

6,000 00 

5,000 00 



$168,500 00 $171,720 00 



Summary of Assets Dec. 31, 1894. 
Cash value of unencumbered real estate, . $62,000 00 
Loans on mortgage of real estate (first liens *), 188,725 00 

* Value of lands mortgaged $215,300 00 

Value of buildings thereon, 332,800 00 

Amount of insurance held as collateral 169,250 00 



342 



THE WESTERN INSURANCE CO. OF PITTSBURGH. 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
:i in the office of the company, 
1 sfa deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross . 
Gl' 88 188 ,-ts, 



.0 00 

1 68 

4 16 

" 

I 



$474.:v;o 96 



Liabilities. 
ljusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 
Unearned premiums on outstanding rif 

te and local tax - 

Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabiliti pt capital, 



Surplus as regards policy-hold 

Paid-up capital 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31. > 
Premiums on risks written or renewed. . 



Premiums now in course of collection, . 

Entire premiums collected, 

is reinsurance and return premium- 
yet cash fire premiums received, 

-h marine premiums received, 
Inter - ived on moi _ 
Interest and dividends received from all other 
lucome from rents, 



Gross cash income, .... 

Expenditure 
i paid for fire losses, 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 

-h dividends paid, .... 
Cash paid for commissions and brokerage, 
for salaries of officers and emplc 
for State and local tax 
for incidentals 

Gl Bh expenditures. . 



16 22 

• 00 
114,9 ' 

4,134 50 
1,1' 



$24,276 33 
I 08 

$224,067 41 
2. 

24.." - 



source* 



$91,943 59 



is: 

» 00 



$17 . 

63 

i • - 

00 

- 



23 
1 

$14- 



WILLIAMSBURGH CITY FIRE INSURANCE CO. 



343 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks written during 1894, . 
Deduct risks expired and terminated, 



. §16,763,287 00 
. 16,021,987 00 

. *32,7*5,274 00 
. 14,045,264 00 



Premiums. 

$194,799 12 
199,791 08 

f394,59<i 20 
166,844 90 



. $18,740,010 00 
376,617 00 



$227,745 30 
4,101 32 



$18,363,393 00 $223,643 98 



835,542 00 
35,542 00 



$289 63 
289 63 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (3 per cent.), . 
Company's stock owned by directors, 



$3,826,032 00 

2,195.983 00 

85,614 00 

899,500 00 

9,000 00 

59.000 00 



" WILLIAMSBURGH CITY FIRE IXSL t RA:SXE COMPANY," 

BROOKLYN, X. Y. 

[Incorporated March, 1S53. Commenced business March, 1853.] 

Paid-up Capital, $250,000. 

MARSHALL S. BRIGG8, President. FRED'K H. WAY, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

Richmond, Va., bonds, $13,500 00 

Georgia State bonds, 25,000 00 

Long Island Bank, Brooklyn, stock, . . . 10,000 00 

First National Bank, Brooklyn, stock, . . 5,000 00 

People's Gas Light Co., Brooklyn, stock, . . 6,500 00 

Metropolitan Gas Light Co., Brooklyn, stock, . 5,000 00 

Dry Dock, E. B'way & Battery R.R. stock, . 20,000 00 

Kings County Trust Co., Brooklyn, stock, . 9,000 00 

Brooklyn City Railroad stock, .... 100,000 00 

New York & New Jersey Telephone Co. stock, 10,000 00 

Brooklyn & New York Ferry Company stock, 5,000 00 

Second Avenue Railroad Co. of N. Y. stock, . 18,000 00 

Brooklyn Trust Company stock, . . . 3,000 00 

C, C, C. & St. Louis Railroad Company stock, 10,000 00 

Union Ferry Company of Brooklyn stock, . 12,000 00 

Long Island Traction Co. of Brooklyn stock, . 225,000 00 

Long Island Traction Co. of Brooklyn notes, . 10,000 00 



Market Value. 

$13,432 50 
28,0 00 
12, 

22,500 00 

25 00 

00 

22,95c 
167,000 00 
00 
10,000 00 

27. I 00 

12,000 00 

) 

7,800 00 

00 

15,770 00 



$496,000 00 $424,527 50 



344 



WILLIAMSBURGH CITY FIRE INSURANCE CO. 



Securities held as collateral for cash loans : — 

Title Guarantee & Trust Company stock, 

Amphion Academy stock, 

Second Avenue Railroad stock, 



Market Value. 

$7,000 00 
00? 
600 00 S 



$5,000 00 
600 00 



$5,600 00 



mmaky o» Assets Dfx 
i value of unencumbered real estate, 
tus on mortgage of real estate (first liens*), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule. . 

Loans on collateral security, as per schedule, 

I sh in the office of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Rents due and accrued, .... 

Reinsurance, 

Premiums more than 3 months due, . $598 27 
Gross assetsf, ..... 

Deduct special deposits in other States, . 



Liabilities. 



Balance, 

Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsuraiL 

\ t amount of unpaid losses. 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, 
Due for borrowed money, 
State and local taxes, 
Commissions and brokerage, . 
Reinsurance, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital, . 
Deduct liability on special deposits, 



Surplus as regards policy-holders, 
Paid-up capital, .... 



31, 1894. 
$629,000 00 
334,550 00 
1,894 23 
434 

00 

2,189 38 

18,935 74 

6 70 

65,030 74 

' 

6 18 



Surplus over capital. 



$1,41' 

41,432 50 

$1,454,104 04 



$10,907 93 
36,93C 
10,020 14 

-•-.- , 12 
8,453 67 

(50,010 45 

497,279 69 

850 00 

50,000 00 

1,797 11 

11,496 93 

- :. 

- 72 35 

$615,114 65 
13,318 51 



601,796 14 

,000 00 
$602,307 90 



Value of lands mortgaged, 

Value of buildings thereon, 

Amount of insurance held as collateral, 



$309,300 00 
278 M0 00 



t Including $280,000 special reserve fund held under New York law. 



WILLIAMSBURGH CITY FIRE INSURANCE CO. 



345 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on morto-aofes, 

Interest and dividends received from all other 

Income from rents, .... 

Gross cash income, 



Expenditures 
Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for state and local taxes, . 

for incidentals, 

for expeuses on real estate, 

Gross cash expenditures, . 



$76,023 07 
6,529 44 

869,493 63 
651,473 41 

$720,967 04 
66,235 01 

$654,732 03 

69,797 15 



sources, 



8312,814 71 
17,333 56 



$584,934 88 
14,912 37 
17,161 35 
37,138 03 

$654,147 13 



$295,481 15 

49,230 00 

136,709 13 

60,943 34 

6,698 55 

34,054 42 

17,545 56 

§600,662 15 



Risks and Premiums. 



Eire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$120,596,869 00 
75,969,786 00 



Premiums. 

$985,629 63 
651,473 41 



$196,566,655 00 $1,637,103 04 
75,621,868 00 624,532 56 



$120,944,787 00 $1,012,570 48 
4,378,842 00 37,392 80 



$116,565,945 00 §975,177 68 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (20 per cent.), 
Company's stock owned by directors, .... 



$14,313,346 00 

7,511,022 00 

284,125 00 

1,402,500 00 

50,000 00 

84,950 00 



AGGREGATE. 



Capital Stock. 
Capital actually paid up in cash, . 
Scrip outstanding, . 



Gross present assets, 



Assets. 



Liabilities. 



Gross present liabilities, 

Income. 

Cash actually received for fire premiums, . 
for marine and inland premiums, 
for interest and dividends from all sources, 
from all other sources, .... 

Gross cash income, . 

Expenditures. 
Cash actually paid during the year for tire losses, 
for marine and inland losses, 
for dividends to stockholders, 
for redemption of scrip, .... 
for interest to scrip-holders, 
for brokerage and commission on premiums, 
for salaries and pay of officers and employees, 
for State and local taxes, .... 
for office, agency and incidental expenses, . 

Gross cash expenditures, .... 



Miscellaneous. 
Whole amount of fire risks written during the year, . 
premiums charged or receivable thereon, 
marine and inland risks written during the year, 
premiums charged or receivable thereon, 
fire risks terminated during the year, 
marine and inland risks terminated, 
fire risks outstanding at end of year, 
marine and inland risks outstanding, 
cash dividends declared during the year, 
fire losses incurred during the year, 
marine losses incurred during the year, . 



$40. 

»3,957 






$81,749,197 



1,146 
858,794 



$87,5*5,334 



$44,1 

4,314,714 

57,158 

42, 
13, - 3 - 
6,164,518 
1,727 - 






9 . 

1,373,21* . 

— - 28 
8,043,621,951 

87: 
10,57 
16c .."' 

7,623 
40,912,124 
4,6: - 



UNITED STATES BRANCHES OF 

FOKEIGN FIKE AND MARINE 
INSURANCE COMPANIES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1894. 



348 ATLAS ASSURANCE COMPANY. 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



UNITED STATES BRANCH OF THE "ATLAS ASSURANCE 
COMPANY," LONDON, ENGLAND. 

Deposit Capital, $200,000. 
J. M. NEUBURGER, General Manager. 

Office, Chicago, III. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, . ... $300,000 00 $339,000 00 

Boston city bonds, 180,000 00 201,150 00 

Fitchburg Railroad bonds, .... 20,000 00 20,650 00 

Pennsylvania Railroad bonds, .... 25,000 00 30,000 00 

N. Y. Central & Hudson River Railroad bonds, 25,000 00 25,500 00 

Boston & Maine Railroad, .... 25,000 00 28,500 00 

New York & Putnam Railroad, . . . 25,000 00 25,750 00 



f 600,000 00 $670,550 00 

Summary of Assets Dec. 31, 1894. 

Stocks and bonds, as per schedule, . . . $670,550 00 

Cash in the office of the company, ... 1 ,298 76 

deposited in bank, 14,317 94 

deposited with trustees, .... 68,000 00 

Interest due and accrued, 6,138 00 

Premiums in course of collection (gross), . 94,803 03 

Gross assets, $855,107 73 

Unadmitted. 

Special deposit in other States, . . . §113,000 00 

Cash not in control of trustees, . . . 15,616 70 

128,616 70 



Balance, $726,491 03 

Liabilities. 
Losses adjusted, unpaid, $23,414 64 



claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 



50,902 31 
5,850 00 

$80,166 95 
7.733 89 

$72,433 06 

396,097 34 



ATLAS ASSURANCE COMPANY. 



349 



Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liablility on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, 



Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 



$3,360 49 

16,744 24 

6,308 99 

$494,944 12 
28,140 00 



,804 72 
16,134 12 



Net collected, $80,670 60 

Premiums on risks written or renewed, . . 706,223 66 

Total, $786,894 26 

Premiums now in course of collection, . . 94,803 03 

Entire premiums collected, .... $692,091 23 
Less reinsurance and return premiums, . . 105,589 37 
Net cash fire premiums received, 
Interest and dividends received from all sources, . 

Gross cash income, 

Expenditures. 
Cash paid for fire losses, $323,345 62 

Deduct salvage and reinsurance, . . . 15,079 32 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$45,006,446 00 
51,457,136 00 



$466,804 12 

$259,686 91 
200,000 00 

$59,686 91 



$96,463,582 00 
42,520,122 00 



$53,943,460 00 
1,539,579 00 



$586,501 86 
23,373 63 

$609,875 49 



$308,266 30 

108,737 54 

53,513 77 

10,382 19 

24,388 79 

$505,288 59 

Premiums. 

$638,549 10 
706,223 66 

1,344,772 76 
606,104 20 

$738,668 56 
24,306 06 



$52,403 881 00 $714,362 50 



Miscellaneous. 
Fire losses incurred during the year, 



$315,441 00 



350 



BRITISH AMERICA ASSURANCE CO. 



UNITED STATES BRANCH OF THE "BRITISH AMERICA ASSUR- 
ANCE COMPANY,'' TORONTO, CANADA. 

Deposit Capital, $300,000. 
FREDERICK B. CARPENTER, Xew England Manager. 

Office, 13 Central Street, Boston. 
Detailed Statement of Stocks and Bonds. 

I'ar Value. Market Value. 

United States bonds, f 305,000 00 $342,487 

Georgia State bonds, 25,000 00 28,250 00 

City of Richmond, Va., bonds, .... .300 00 26,300 00 

City of Toledo, Ohio, bonds 50,000 00 51.125 00 

City of Columbus, Ohio, bonds, . . . 50,000 00 00 

City of London, Canada, bonds, . . . .000 00 ) 00 

City of Toronto, Canada, bonds, . . . 90,125 00 90,125 00 

City of Kingston, Canada, bonds, . . . 20,000 00 21,072 91 

City of Winnipeg, Canada, bonds, . . . 20,000 00 21,132 

New York & AVest Shore R.R. bonds, . . 50,000 00 ' 50 

Central Canada L. & S. Co.'s debentures, . 25,000 00 .000 00 

Dominion of Canada stock, .... 12,000 00 12,540 00 



Summary of Assets Dec. 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Premiums more than 3 months due, §4,711 72 
Gross assets, 



$823,425 00 $874,119 91 

31, 1894. 

$60,000 00 

71 18 

874,119 91 

19,479 85 

11,053 

.242 78 
14,629 54 

$1,164,196 76 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



$158,975 00 
19,479 85 






Balance, $985,741 91 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 



Liabilities. 



£27,205 78 

110,588 23 

23,030 00 

$160,824 01 
10,097 61 

$150,726 40 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$So,000 00 
40,<>00 00 
20,000 00 



BRITISH AMERICA ASSURANCE CO. 



351 



Unearned premiums on outstanding risks, . $575,996 06 

Commissions and brokerage, .... 20,073 18 

Return premiums, 14,013 75 

Reinsurance, 3,571 06 

Gross liabilities, except capital, . . $764,380 45 

Deduct liability on special deposits, . . 80,391 86 

Surplus as regards policy-holders, 

Deposit capital, 



Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 81, 1893, 
Same not collected, 

Net collected, . . . 
Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Gross cash income, 



$209,448 81 
434 42 

$209,014 39 
1,178,034 68 

$1,387,049 07 
173,713 48 

$1,213,335 59 
215,523 58 



$15,458 83 
198,010 16 

$213,468 99 
13,241 02 

$200,227 97 
22,455 78 



sources, . 



§683,988 59 



$301,753 23 
300,000 00 

$1,753 23 



$997,812 01 



177,772 19 

1,228 82 

36,151 21 

. $1,212,964 23 



Expenditures. 

Cash paid for fire losses, $603,794 73 

Deduct salvage and reinsurance, . . . 36,354 14 

Net cash paid for fire losses, .... 

Cash paid for marine and inland losses, . . $126,946 45 
Deduct salvage and reinsurance, . . . 18,572 88 

Net cash paid for marine and inland losses, . 

Cash paid for commissions and brokerage, .... 

for salaries of officers and employees, . 

for State and local taxes, 

for incidentals, 

Remitted to home ofiice, $60,352 22 



$567,440 59 



108,373 57 

238,863 09 

21,519 56 

26,550 26 

94,177 92 



Gross cash expenditures, 



. $1,056,924 99 



352 



BRITISH AND FOREIGN MARINE INSURANCE CO. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

Net amount in force, . 



^78,805,850 00 

86,618,221 00 

$165,424,071 00 

84,769,210 00 

$80,654,861 00 

1,094,959 00 



Premiums. 

1,178,034 68 

52,178,917 46 
1,076,0 

$1,103,916 -1 

14,144 76 



$79,559,902 00 $1,089,772 05 



12,826,335 00 
16,898,588 00 

$19,724,923 00 
16,875,564 00 



$36,24 
198,010 16 

$234,25" 40 
207,372 34 



£2,849,359 00 



Miscellaneous. 
Fire losses incurred during the year, 
Marine and inland losses incurred during the year, 



$575,07: 
UN- 



UNITED STATES BRANCH OF THE "BRITISH AND FOREIGN 
.MARINE INSURANCE COMPANY (1.010™)/' LIVERPOOL, 

ENGLAND. 

Deposit Capital, $300,000. 

FRANK GAIR MACOMBER, Xeic EnglanO Manager. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market V 

Boston & Lowell Railroad bonds, . . . $100,000 00 $102,333 33 

Fitchburg Railroad bonds, .... 80,000 00 80,925 00 
Boston, Clinton, Fitch. & N.Bedford R.R. bonds, 2.000 00 

Providence & Worcester Railroad bonds, . 50,000 00 53.7 " 

Boston & Maine Railroad bonds, . . . 1,000 00 1,147 50 

Old Colony Railroad bonds, .... 51,00000 54,017 

Eastern Railroad bonds, 20,840 00 25,604 

Brooklyn city bonds, 42,000 00 40.950 00 

New York city bonds, 58,000 00 59.015 00 

United States bonds, 235,000 00 267. " 

City of Portland water bonds, .... 9,000 00 9,9'J 

Allegheny Valley Railroad bonds, . . . 100,000 00 125,00C 

Pennsylvania Railroad bonds, .... 39,000 00 42.7')5 00 

Chicago, .Mil. & St. Paul Railroad bonds, . 75,000 00 -.. 00 

Richmond city bonds, 50,000 00 45,000 00 



$912,840 00 $992,93V - 



BRITISH AND FOREIGN MARINE INSURANCE CO. 



353 



Summary of Assets Dec. 31, 1894. 



Loans on mortgage of real estate (first liens) 
Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 

Reinsurance due, 

Gross assets, 

Unadmitted 
Special deposits in other States, 
Cash not in control of trustees, 



Balance, 



Liabilities. 

Losses adjusted and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, ..... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Unused balances of premium notes, 
State and local taxes, .... 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, 



Surplus over capital, 

Income. 
Marine premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest and dividends received from all sources, 

Remittances from home office, 

Gross cash income 



$41,000 00 
992,939 83 

56,988 66 

296,943 15 

4,634 50 

25,571 49 



$192,865 00 
56,988 66 



$1,418,077 63 



249,853 66 
$1,168,223 97 



$170,702 38 
11,205 00 

$181,907 38 
28,500 00 

$153,407 38 

396,745 00 

2,210 40 

2,852 51 

17,197 28 

10 30 

67,961 35 



$640,384 22 
6,225 01 



634,159 21 



$534,064 76 
300,000 00 



$234,064 76 



$260,464 76 
3,836 18 

$256,628 58 
1,934,796 72 

$2,191,425 30 
309,190 23 

$1,882,235 07 
648,333 48 



$289,912 15 - 



,233,901 59 
45,993 88 



$1,279,895 47 



354 CALEDONIAN INSURANCE CO. 

Expenditures. 
Cash paid for marine and inland losses, . . $839, 100 17 
Deduct salvage and reinsurance, . . . 354,713 14 

Net cash paid for marine and inland losses, . $484,387 03 

Cash paid for commissions and brokerage, .... 145,870 69 

forsalariesof officers and employees, . . . 91,444 41 

for State and local taxes, 21,531 33 

Remitted to home office £839,612 90 

Gross cash expenditures, $743,233 46 

Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



Premiums. 

$24,996,539 00 £326,768 25 
446,035,829 00 1,934,796 72 



$471,032,368 00 £2,261,564 97 
439,378,852 00 1,830,078 55 



£31,653,516 00 £431,486 42 
7,029,272 00 82,782 92 



$24,624,244 00 £348,703 50 



Miscellaneous. 
Marine and inland losses incurred during the year, . . £459,051 00 



UNITED STATES BRANCH OF THE " CALEDONIAN INSURANCE 
COMPANY," EDINBURGH, SCOTLAND. 

Deposit Capital, $200,000. 

CHARLES H. POST, > 

N. A. McNEIL, > Managers. 

JAS. T. HOWES, J 

Office, New York, N. Y. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Valne. 

United States bonds, $300,000 00 £339,750 00 

New York City bonds, 200,000 00 204,500 00 

State of Georgia bonds, 25,000 00 26,000 00 

City of Richmond, Va., bonds 22,500 00 22,500 00 

Penn. & New I r ork Canal and R.R. bonds, . 100,000 00 95,000 00 

Lehigh Valley Railroad bonds, . . . 50,000 00 60,500 00 

Allentown Terminal Railroad bonds, . . 50,000 00 50,000 00 

Richmond & Petersburg Railroad bonds, . 50,000 00 50,000 00 

Chicago, Burlington & Quincy R.R bonds, . 50,000 00 43,625 00 

New York, Chicago & St. Louis R R. bonds, . 65,000 00 66,625 00 

St. Paul, Minn. & Manitoba Railroad bonds, . 150,000 00 142,500 00 



CALEDONIAN INSURANCE CO. 



355 



Lake Erie & Western Railroad bonds, . 
Chicago, Milwaukee & St. Paul R.R. bonds, 
Fremont, Elkhorn & Missouri Val. R.R. b'ds, 
Albany & Susquehanna Railroad bonds, . 
Jersey City bonds, . . . . 
Phila , Wilmington & Bait. Railroad bonds, 
Central Railroad of New Jersey bonds, . 
City of Richmond, Va., bonds, . 
Pitts., Cin., Chi. & St. Louis R.R. bonds, . 
Lehigh Valley Coal Company's bonds, . 
Long Island Railroad Company's bonds, . 
Baltimore & Ohio Railroad bonds, . 
Chicago, Rock Island & Pacific bonds, 
Manhattan Railway Company's bonds, . 



Par Value. 

$30,000 00 
25,000 00 
15,000 00 
15,000 00 
34,000 00 
50,000 00 

100,000 00 

2,500 00 

50,000 00 

25,000 00 

45,000 00 

100,000 00 
50,000 00 
50,000 00 



Market Value. 

$33,600 00 
29,000 00 
18,450 00 
19,350 00 
38,650 00 
52,000 00 

112,500 00 

2,500 00 

52,250 00 

25,500 00 

43,425 00 

103,000 00 
50,750 00 
48,500 00 



$1,654,000 00 $1,729,975 00 



Summary of Assets Dec. 31, 1894. 



Loans on mortgage of real estate (first liens), 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 

Cash deposited in bank, 

Interest due and accrued, 

Premiums in course of collection (gross), 
Reinsurance, . . . 

Gross assets, 



$50,000 00 

1,729,975 00 

61 76 

271,362 80 

14,496 67 

143,668 26 

5,246 18 



$2,214,810 67 



Special deposits in other States, 
Cash not in control of trustees, 



Unadmitted. 



$214,250 00 
61 76 



Balance, 



214,311 76 
$2,000,498 91 



Liabilities. 



Losses claimed and reported, . 
Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 

Reinsurance, 

All other liabilities, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, 



$269,839 54 
12,686 25 

$257,153 29 
1,407,421 09 

21,900 53 
7,683 20 

35,657 30 



L,729,815 41 
85,864 58 



1,643,950 83 

$356,548 08 
200,000 00 



Surplus over capital, . 



$156,518 08 



356 



COMMERCIAL UNION ASSURANCE CO. (LIMITED). 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance aud return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 

Gross cash expenditures, . 

Risks and Premiums. 



$337,242 85 
2,393,376 61 

$2,730,619 46 
143,668 26 

$2,586,951 20 
481,251 80 



sources, 



$2,105,699 40 

3,000 00 

67,109 53 

$2,175,808 93 



$1,309,974 1G 
114,554 27 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired aud terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$244,182,653 00 
192,972,812 00 

$437,155,465 00 
180,984,206 00 

$256,171,259 00 
3,992,319 00 



$1,195,419 89 

381,392 22 

95,367 62 

54.548 71 

2'»l,068 68 

$1,927,797 12 



Premiums. 

$2,462,097 72 

2,393,376 61 

$4,855,474 33 

2,025,707 81 

$2,829,766 52 

49,411 74 



$252,178,940 00 $2,780,354 78 



Miscellaneous. 

Fire losses incurred during the year, 



$1,149,134 00 



UNITED STATES BRANCH OF THE "COMMERCIAL UNION 
ASSURANCE COMPANY (LIMITED) » LONDON, ENGLAND. 

Deposit Capital, $200,000. 
CHARLES SEWALL, Resident Manager. 

Office, New York, X. T. 
Detailed Statement of Stocks and Bonus. 

Par Value. Market Valne. 

United States bonds, $425,000 00 $482,376 00 

Akron & Chicago Junction Railroad bonds, . 30,000 00 30,900 00 



COMMERCIAL UNION ASSURANCE CO. (LIMITED) 



357 



Baltimore & Ohio Southwestern R,R. bonds, 
Central Railroad of New Jersey bonds, . 
Chicago, Burlington & Quincy R.R bonds, 
Chicago, Milwaukee & St. Paul Railroad, 
Chicago & Northwestern Railroad bonds, 
Chicago, Rock Island & Pacific R.R. bonds, 
Clev., Cin., Chicago & St. Louis R.R. bonds, 
Denver & Rio Grande R,R. bonds, . 
Indianapolis & Vincennes Railroad bonds, 
Lehigh Valley of New York bonds, 
Lehigh Valley Terminal Railroad bonds, 
Louisville & Nashville Railroad bonds, . 
Michigan Central Railroad bonds, . 
Milwaukee, Lake Shore & Western Railroad, 
New York Central & Hudson River R.R. bonds 
N. Y., Lackawanna & Western Railroad bonds 
Pittsburg, Fort # Wayne & Chicago Railroad, 
Western Pennsylvania Railroad bonds, . 
West Shore Railroad bonds, 
Underwriters 1 Salvage Ass'n of New York, 



Par Value. 

$50,000 00 

50,000 00 

100,000 00 

150,000 00 

124,000 00 

60,000 00 

50,000 00 

60,000 00 

65,000 00 

50,000 00 

50,000 00 

50,000 00 

40,000 00 

25,000 00 

30,000 00 

50,000 00 

15,000 00 

50,000 00 

50,000 00 

1,000 00 



Market Value. 

$52,500 00 

55,250 00 

105,500 00 

175,312 50 

153,460 00 

76,800 00 

44,416 66 

48,150 00 

78,000 00 

51,125 00 

54,000 00 

50,000 00 

42,400 00 

32,750 00 

37,275 00 

66,000 00 

23,550 00 

50,500 00 

52,250 00 

1,000 00 



.,575,000 00 $1,763,514 16 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents due and accrued, .... 

Reinsurance, 

Premiums more than 3 months due, 87,019 76 
Gross assets, 



Special deposits in other States, 
Cash not in control of trustees, 



Unadmitted. 



Balance, 



Liabilities. 

Losses adjusted and reported, .... $253,992 06 

Losses disputed or resisted, .... 38,729 00 

Total amount of losses, ..... $292,721 06 

Less reinsurance, 3,338 00 

Net amount of unpaid losses, .... $289,383 06 

Unearned premiums on outstanding risks, . 2,016,228 12 



$864,314 96 

1,763,514 16 

503 39 

419,866 56 

25,549 98 

460,374 34 

34,593 46 

10,658 45 

2,174 59 



$3,581,549 89 



$255,375 00 
57,252 34 



312,627 34 



$3,268,922 55 



358 



COMMERCIAL UNION ASSURANCE CO. (LIMITED). 



Reclaim able on perpetual fire policies, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, . . . . 



Surplus over capital, 



ces, 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash tire premiums received, 

Marine premiums outstanding Dec. 31, 1893, 

Premiums on risks written or renewed, . 

Total 

Premiums now in course of collection, . 

Eutire premiums collected, 
Less reinsurance and return premiums, . 
Net cash marine premiums received, 
Interest and dividends received from all sour 

Income from rents, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 

Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 
Deposits returned on perpetual fire risks, 
Remitted to home office, .... 

Gross cash expenditures, . . 



$50,2G1 36 

65,818 02 

3,132 97 

47,353 14 

$2,502,176 67 
164,898 53 



$2,337,278 14 



(931,644 41 
200,000 00 

|731,644 41 



$484,710 59 
3,276,975 89 

(3,761,686 48 
454,952 ty 

(3,306,734 08 
739,767 64 

$5,081 67 
179,979 26 

(185,060 93 
5,421 94 

$179,638 99 
13,227 89 



$2,566,966 44 



$17,269 43 



166,411 10 
77,691 51 
34,483 83 

$2,845,552 88 



81,773,715 43 
66,072 15 



$172,312 62 

. 47,487 83 



$1,707,643 28 



124324 79 

474,098 71 

136,068 03 

64,553 39 

134,030 92 



(9,275 77 
145,754 76 



$2,641,219 12 



HAMBURG-BREMEN FIRE INSURANCE CO. 



359 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, ... . 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, . 

Net amount in force, . 



$389,300,651 00 
279,661,911 00 



$668,962,562 00 

289,705,858 00 

$379,256,704 00 

8,348,303 00 



Premiums. 

84,141,730 92 
3,276,975 89 

$7,418,706 81 
3,248,117 72 



$370,908,401 00 



Perpetual risks in force (not included above), . $2,624,279 00 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written duiing 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, . 

Net amount in force, . 



$2,481,259 00 
30,290,720 00 

$32,771,979 00 
30,983,457 00 



$1,788,522 00 
205,072 00 



$4,170,589 09 
99,173 31 

$4,071,415 78 
$55,845 95 

$4,340 30 
179,979 26 

$184,319 56 
165,606 96 

$18,712 60 
2,153 25 



$1,583,450 00 $16,559 35 



Miscellaneous. 
Fire losses incurred during the year, 
Marine and inland losses incurred during the year, 



$1,601,497 00 
94,825 00 



UNITED STATES BRANCH OF THE "HAMBURG-BREMEN FIRE 
INSURANCE COMPANY, 1 ' HAMBURG, GERMANY. 

Deposit Capital, $200,000. 
F. O. AFFELD, Resident Manager. 

Office, New York, N. T. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $100,000 00 $113,000 00 

State of Georgia bonds, 25,000 00 28,562 50 

New York city water stock, .... 130,000 00 132,925 00 

New York city bonds, 100,000 00 102,000 00 

City of Richmond, Va , bonds 15,000 00 16,500 00 

City of Providence, R. I., bonds, . . . 25,000 00 29,218 75 

City of Portland, Oregon, bonds, . . . 50,000 00 57,250 00 

City of St. Louis, Mo., bonds, .... 25,000 00 25,000 00 

Chicago, Milwaukee & St. Paul Railroad bonds, 15,000 00 17,175 00 

Chicago & Northwestern Railroad bonds, . 25,000 00 35,687 50 

Chicago, Burlington & Quincy Railroad bonds, 20,000 00 24,700 00 

Chicago, Rock Island & Pacific Railroad bonds, 25,000 00 32,250 00 



360 



HAMBURG-BREMEN FIRE INSURANCE CO. 



New York, Lake Erie & Western R.R. bonds, 

Central Pacific Railroad bonds, 

Kansas Pacific Railroad bonds, . 

Union Pacific Railroad bonds, . 

Oregon Railway & Navigation Co. bonds, 

Northern Pacific Railroad bonds, 

Louisville & Nashville Railroad bonds, . 

Illinois Central Railroad bonds, 

St. Paul, Minneapolis & Manitoba R.R. bonds 

Wabash Railroad bonds, .... 

Long Island Railroad bonds, . 

Atchison, Topeka & Santa Fc Railroad bonds 

Lake Erie & Western Railroad bonds, 

New York, Chicago & St. Louis R.R bonds, 

East Tenn., Virginia & Georgia R.R. bonds, 

Denver & Rio Grande Railroad bonds, . 

Pennsylvania Railroad bonds, . 

Central Ohio Railroad bonds, . 

Pennsylvania Company bonds. 

Scioto Valley & New England R R. bonds, 

Chic, Mil. & St. Paul, Chic. & Pacific bonds, 

Beech Creek Railroad bonds, . 

Pennsylvania Railroad bonds, . 



Par Value. 

|25,000 00 

20,000 00 
20,000 00 
20,000 00 
10,000 00 
20,000 00 
30,000 00 
50,000 00 
15,000 00 
25,000 00 
30,000 00 
25,000 00 
25,000 00 
30,000 
25,000 00 
25,000 00 
10,000 00 
25,000 00 
30,000 00 
30,000 00 
15,000 00 
10,000 00 
15,000 00 



Market Value. 

00 

21,200 00 
21,-400 00 
21,150 00 
11,000 00 
23,000 00 
29,700 00 

.000 00 
15,300 00 
26,125 00 
35,475 00 
15,687 50 

.625 00 
30,637 50 
25,750 00 
20,500 00 
11,600 00 
25,875 00 
33,600 00 
22,200 00 
17,100 00 
10,600 00 
15,900 00 



$1,085,000 00 $1,159,4-13 75 



Summary of Assets Dec. 31, 1894. 
Stocks and bonds, as per schedule, . . . $1,159,44 



Cash deposited in bank, 

Interest due and accrued, 

Premiums in course of collection (gross), 
Premiums more than 3 months due, $767 78 
Gross assets, 



71,764 73 

1,000 00 

97,793 87 



$1,330,002 35 



Special deposits in other States, 
New York city water stock, 
Providence city bonds, 
Cash not in control of trustees, 



Unadmitted. 



§102,312 50 
25,562 50 
29,218 75 
66,764 73 



223,858 48 



Balance, $1,106,143 87 



Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 



Liabilities. 



$4,875 00 
65,805 00 
30,900 00 

$101,580 00 
3,975 00 

$97,605 00 



HAMBURG-BREMEN FIRE INSURANCE CO. 



361 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, . 
Deduct liability on special deposits, . 

Surplus as regards policy-holders, . . 
Deposit capital, 



$789,370 19 
16,749 21 

$903,724 40 
112,718 15 



$791,006 25 



Surplus over capital, 

Income. 

Fire premiums outstanding Dec. 31, 1893, . $73,888 81 
Premiums on risks written or renewed, . . 1,357,453 06 



$315,137 62 
200,000 00 

$115,137 62 



Total $1,431,341 87 

Premiums now in course of collection, . . 98,561 65 



Entire premiums collected, .... $1,332,780 22 
Less reinsurance and return premiums, . . 270,650 45 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Gross cash income, ....... 

Expenditures. 



$1,062,129 77 
47,234 13 

$1,109,363 90 



Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for commissions and brokerage, 



$620,906 69 
29,651 09 



for salaries of officers and employees, . 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . , 
Deduct amount reinsured, . , 

Net amount in force, . . . 



$132,100,417 00 
102,806,576 00 



$234,906,993 00 
110,172,259 00 

$124,734,734 00 
5,186,004 00 



$591,255 60 

189,793 99 

88,605 94 

25,651 54 

62,665 40 

$957,972 47 



Premiums. 

$1,738,945 89 
1,357,453 06 

$3,096,398 95 
1,448,235 09 

$1,648,163 86 
64,533 98 



$119,548,730 00 $1,583,629 88 



Miscellaneous^. 

Fire losses incurred during the year, . , 



$573,186 00 



302 



THE IMPERIAL INSURANCE CO. (LIMITED). 



UNITED STATES BRANCH OF "THE IMPERIAL INSURANCE 
COMPANY (LIMITED)," LONDON, ENGLAND. 

Deposit Capital, $200,000. 

Courtney & McCat, Resident Managers. 

Office, 33 Pine Street, New York, X. Y. 



Detailed Statement of 



United States bonds, . 
New York city bonds, 
City of Boston bonds, 
City of Providence bonds, 
West Shore Railroad bonds, 
Lehigh Valley Railroad bonds, 
West Virginia State certificates, 
Central Trust Co. of New York, 
Manhattan Trust Co. of New York, 



Stocks and Bonds. 

Par Value. 

$481,000 00 

150,000 00 

100,000 00 

50,000 00 

100,000 00 

40,000 00 

28,666 67 

65,000 00 

50,000 00 



Market Value. 

$543,530 00 

150,000 00 

103,250 00 

51,000 00 

106,000 00 

41,600 00 

3,440 00 

65,000 00 

50,000 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Miscellaneous, 

Premiums more than 3 months due, $6,170 01 
Gross assets, 

Unadmitted. 
Special deposits in other States, 
Cash not in control of trustees, 
Underwriters 1 salvage stock, etc., 



Balance, 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amouut of losses, 
Less reinsurance, 

Net amount of unpaid losses, 

Unearned premiums on outstanding risks, 



$1,064,666 67 $1,113,820 00 

31, 1894. 

$476,634 70 

1,113,820 00 

8,552 99 

134,524 20 

4,620 83 

194,127 35 

3,172 04 

544 87 

$1,935,996 98 



$276,850 00 

143,077 19 

544 87 



420,472 06 
$1,515,524 92 



$11,016 83 

102,560 94 

12,517 14 

6126,094 91 
15,275 16 

$110,819 75 
868,524 49 



THE IMPERIAL INSURANCE CO. (LIMITED). 



363 



Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy-holders, . 
Deposit capital, 



$22,544 67 

2,337 46 

13,353 19 



. $1,017,579 56 
52,529 12 



- $965,050 44 

. $550,474 48 
200,000 00 



Surplus over capital, §350,474 48 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, . . . . $ 
Less reinsurance and return premiums, . 
Net cash fire premiums received, . . . — 
Interest and dividends received from all sources, 
Income from rents, 



. $211,463 61 
. 1,538,400 76 

. $1,749,864 37 
200,297 36 

. $1,549,567 01 
409,991 54 



§1,139,575 47 
36,756 61 
17,463 60 



Gross cash income, $1,193,795 68 



Expenditures. 
Cash paid for fire losses, $790,827 35 

Deduct salvage and reinsurance, . . . 94,283 98 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



Gross cash expenditures, . 



$696,543 37 

202,984 37 

102,879 40 

46,668 54 

59,481 96 

$1,108,557 64 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$197,171,668 00 
. 128,357,301 00 

$325,528,969 00 
. 142,878,091 00 

$182,650,888 00 
. 10,315,678 00 



Premiums. 

$1,910,105 19 
1,538,400 76 

$3,448,505 95 
1,592,292 61 

$1,856,213 34 
109,299 45 



$172,335,210 00 $1,746,913 89 



Miscellaneous. 
Fire losses incurred during the year, . . 



$675,475 00 



3G4 



LANCASHIRE INSURANCE CO. 



UNITED STATES BRANCH OF THE "LANCASHIRE INSURANCE 
COMPANY," MANCHESTER, ENGLAND. 

Deposit Capital, $200,000. 

E. LITCHFIELD, Resident Manager, 

Office, New York, N. Y. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, ?600,000 00 $674,500 00 

Albany & Susquehanna Railroad bonds, . . 15,000 00 17,775 00 

Atchison, Topeka & Santa Fe Railroad bonds, 45,000 00 .237 50 

Baltimore & Ohio Railroad bonds, . . . 75,000 00 85,700 00 

Brooklyn & Montauk Railroad bonds, . . 30,000 00 32,700 00 

Chicago, Burlington & Quincy Railroad, . 35,000 00 34,912 50 

Chicago, Milwaukee & St. Paul Railroad, . 45,000 00 50,850 00 

Chicago & Northwestern bonds, . . . 40,000 00 40,800 00 

Chicago, Rock Island & Pacific Railroad bonds, 20,000 00 26,000 00 

Cleve., Cin., Chic, & St. Louis R.R. bonds, . 50,000 00 45,875 00 

Chicago, St. Louis & New Orleans R.R. bonds, 50,000 00 52,200 00 

City of Portland, Oregon, water bonds, . . 50,000 00 54,000 00 

Detroit, Monroe & Toledo Railroad bonds, . 19,000 00 24,130 00 

Illinois Central Railroad bonds, . . . 50,000 00 51,100 00 

Michigan Central Railroad, .... 15,000 00 17,850 00 

Milwaukee & St. Paul Railroad Company, . 10,000 00 11,800 00 

N. Y. Central & Hudson River R.R. bonds, . 10,000 00 12,000 00 

New York, Lack. & Western Railroad bonds, . 15,000 00 20,250 00 

Northern Central Railroad bonds, . . . 17,000 00 18,530 00 

North Pennsylvania Railroad bonds, . . 10,000 00 12,500 00 

Ottumwa, Cedar Falls & St Paul R.R. bonds, 20,000 00 21,450 00 

Philadelphia & Erie Railroad bonds, . . 18,000 00 23,580 00 

Pennsylvania Railroad Company, . . . 30,000 00 35,400 00 

Rome, Watertown & Ogdensburg R.R-. bonds, 25,000 00 29,750 00 

Syracuse, Binghamptou &N.Y.RR bonds, . 22,00000 28,600 

State of Georgia bonds, 25,000 00 25,000 00 

St. Paul & Northern Pacific Railroad bonds, . 22,000 00 25,740 00 

St. Paul, Minneapolis & Manitoba R.R. bonds, 50,000 00 40,812 50 

Western Pennsylvania Railroad bonds, . . 10,000 00 10,012 50 

Underwriters 1 Salvage Co. of N. Y. stock, . 1,000 00 1,000 00 



Sitmmakt of Assets Dec 
Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, . . 



§1,424,000 00 $1,559,055 00 

31, 1894. 

$385,585 72 

1,559,055 00 

733 04 

91,671 51 

257,941 20 

$2,294,986 47 



LANCASHIRE INSURANCE CO. 



365 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



$248,875 00 
19,838 98 



$268,713 98 



Balance, $2,026,272 49 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks 
State and local taxes, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 



Surplus as regards policy-holders, . 
Deposit capital, .... 



. $105,321 41 

129,971 85 

45,050 41 

. 1,209,576 12 

5,000 00 

40,000 00 

1,343 97 

. $1,536,263 76 
99,660 24 



1,436,603 52 

$589,668 97 
200,000 00 



Surplus over capital, . 



$389,668 97 



Income. 
Fire premiums outstanding Dec. 31, 1893 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest and dividends received from all sources, 

Income from rents, .... 



Gross cash income, 



. $219,892 79 
. 2,624,075 68 

. $2,843,968 47 
257,941 20 

. $2,586,027 27 
751,979 34 



$1,834,047 93 

67,329 53 

7,074 77 

$1,908,452 23 






Expenditures. 

Cash paid for fire losses, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals,. .... 

Gross cash expenditures, . . 



$1,184,208 79 

330,817 96 

158,758 47 

41,363 29 

154,238 17 

. $1,869,386 68 



366 



LION FIRE INSURANCE CO. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . . . 



$244,811,976 00 
217,317,627 00 



Premiums. 

|2 t 714 9 701 74 

2,624,075 C8 



$462,129,603 00 
238,446,327 00 



$223,683,276 00 
21,118,169 00 



$5,338,777 42 
2,740,056 41 

$2,598,721 01 
195,222 45 



$202,565,107 00 $2,403,498 56 



Miscellaneous. 
Fire losses incurred during the year, 



$1,101,391 00 



UNITED STATES BRANCH OF THE "LION FIRE INSURANCE 
COMPANY," LONDON, ENGLAND. 



Deposit Capital, $200,000. 
M. BENNETT, Business Manager. 

Office, Hartford, Conn. 
Detailed Statement of Stocks and Bonds. 



United States bonds, 

Brooklyn city bonds, .... 

City of Richmond bonds, .... 
Georgia State bonds, .... 

Central Railroad of New Jersey bonds, . 
County of Lucas, Ohio, court house bonds, 



Par Value. 

$50,000 00 

200,000 00 

17,000 00 

25,000 00 

25,000 00 

100,000 00 



Market Value 

$57,000 00 

206,000 00 

17,000 00 

25,000 00 

28,531 25 

101,000 00 



?417,0O0 00 £434,531 25 



Securities held as collateral for cash loans : — 



120 shares Pennsylvania Railway Co., 



Market Value. Loaned Thereon. 

$6,120 00 $4,500 00 



Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens *), £ 201,610 00 

Interest due or accrued thereon, . . . 4,719 27 

Stocks and bonds, as per schedule, . . . 434,531 25 

Loans on collateral security, as per schedule, . 4,500 00 

Cash in the office of the company, . . . 104 68 

* Value of lands mortgaged, $159,925 00 

Value of buildings thereon, 303,625 00 

Amount of insurance held as collateral, .... 251,400 00 



LION FIRE INSURANCE CO. 



367 



Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Gross assets, 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



$139,399 12 

6,198 33 

64,885 91 



§200,000 00 
9,503 80 



$855,948 56 



209,503 80 



Balance, $646,444 76 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposit, . 

Surplus as regards policy-holders, . . 
Deposit capital, 



Surplus over capital, . 



§26,169 07 

48,063 16 

9,250 97 

390,091 66 
12,776 62 



§486,351 48 
48,896 88 



437,454 60 

$208,990 16 
200,000 00 

$8,990 16 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Gross cash income, .... 



Expenditures. 
Cash paid for fire losses, .... 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, , 

Gross cash expenditures, . . , 



§111,590 72 
788,240 39 

§899,831 11 
64,885 91 

$834,945 20 
291,182 80 



sources, 



$543,762 40 

9,960 01 

15,642 91 

$569,365 32 



$348,908 57 

105,301 58 

35,141 28 

16,702 26 

30,912 44 

$536,966 13 



368 LIVERPOOL AND LONDON AND GLOBE INSURANCE CO. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$79,254,528 00 $981,116 33 
59,510,821 00 788,240 39 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$138,771,349 00 $1,769,356 72 
69,969,961 00 909,606 79 



$68,801,388 00 
4,643,918 00 



$64,157,470 00 



Miscellaneous. 
Fire losses incurred during the year, 



$859,750 93 

74,203 97 

f785,546 96 
$346,200 00 



UNITED STATES BRANCH OF THE "LIVERPOOL AND LONDON 
AND GLOBE INSURANCE COMPANY," LIVERPOOL, ENGLAND. 

Deposit Capital, $200,000. 
HENRY W. EATON, Resident Manager. 

Office, New York, N. Y. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, 

New York city bonds, .... 
Richmond city bonds, .... 
Boston city bonds, 



Market Value. 

$1,575,000 00 $1,791,562 50 

50,000 00 52,000 00 

5,000 00 6,450 00 

180,000 00 209,700 00 



$1,810,000 00 $2,059,712 50 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Rents due and accrued, 
Reinsurance due, .... 
Loans on life policies, . 
All other assets, .... 
Premiums more than 3 months due, f 33,378 26 
Gross assets, 



$1,600,992 00 

3,378,918 64 

48,791 51 

2,059,712 50 

2,503 63 

561,717 08 

1,164 28 

812,589 59 

15,000 00 

B22 20 

15,575 00 

481 97 



$8,498,268 40 



* Value of landa mortgaged, 
Value of buildings thereon, 



$2,P93,900 00 
S,4-:4,9u3 00 



LIVERPOOL AND LONDON AND GLOBE INSURANCE CO. 369 



Special deposits in other States, 
Cash not in control of trustees, 
Miscellaneous, . 



Unadmitted. 



8250,250 00 

157,584 29 

481 97 



$408,316 26 



Balance, $8,089,952 14 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Liabilities under life department, . 
Commissions and brokerage, . • 

Reinsurance, 

Contingent reserve, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, 



Surplus over capital, . 



$7,980 92 

857,513 75 

84,560 00 

8950,054 67 
214,018 00 

$706,006 67 

4,093,826 39 

333,424 71 

113,568 80 

88,277 46 

66,975 36 

25,000 00 

$5,427,079 39 
235,934 04 



5,191,145 35 

. $2,898,806 79 
200,000 00 



. $2,698,806 79 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on rnort£ao;es, 

Interest and dividends received from all other 

Income from rents, 

Deposits received from perpetual fire risks, 

Gross cash income, .... 



$997,606 21 
10,660 87 

$986,945 34 
7,379,149 23 

£8,366,094 57 
845,967 85 

$7,520,126 72 
1,717,137 87 



sources, . 

$8,676 03 



$5,802,988 85 

135,980 oo 

86,080 38 

57,051 49 

$6,082,101 27 



370 LONDON ASSURANCE CORPORATION. 



Expenditures. 

Cash paid for fire losses, $3,846,484 49 

Deduct salvage and reinsurance, . . . 430,010 02 

Net cash paid for fire losses, .... $3,410,474 47 

Cash paid for commissions and brokerage, .... 964,473 66 
for salaries of officers and employees, . . . 296,276 08 

for State and local taxes, 103,643 50 

for incidentals 319,479 09 

Deposits returned on perpetual fire risks, . $5,492 87 



Gross cash expenditures, $5,100,346 80 

Risks and Premiums. 



Premiums. 

$908,799,211 00 $8,703,933 80 
.718,150,290 00 7,379,149 23 



$1,626,949,501 00 $16,083,083 03 
.735,961,167 00 7,536,511 63 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . . . $826,318,141 00 $8,002,632 34 

Perpetual risks in force (not included above), $10,298,335 00 $350,973 38 

Miscellaneous. 
Fire losses incurred during the year, $3,381,964 00 



$890,988,334 00 $8,546,571 40 
. 64,670,193 00 543,939 06 



united states branch of the "london assurance 
corporation;' London. 

[fire branch.] 

Deposit Capital, $200,000. 
CHAS. L. CASE, Resident Manager. 

Office, Xew York. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Va!ne. 

United States bonds, $630,000 00 $711,900 00 

Baltimore Belt Railroad bonds, . . . 16,000 00 16,480 00 

Central Railroad of New Jersey bonds, . . 40,000 00 45,600 

Chicago, Milwaukee & St. Paul R R bonds, . 50,000 00 56,312 50 

Milwaukee & St. Paul Railroad bonds, . . 50,000 00 63,500 00 

Chicago, St. Louis & New Orleans R.R. bonds, 8,000 00 9,240 00 

Colorado Midland Railway Company bonds, . 35,000 00 26,250 00 

Denver & Rio Grande bonds, .... 30,000 00 24,675 00 

Erie Railway bonds, 50,000 00 65,500 00 

Lehigh Valley Railway bonds 30,000 00 31,275 00 



LONDON ASSURANCE CORPORATION. 



371 



Long Island Railroad bonds, .... 
Louisville & Nashville Railroad bonds, . 
Milwaukee, Lake Shore & West'n R.R. bonds, 
Philadelphia & Reading Railroad bonds, 
Pittsburgh, Cinn., Chic. & St. Louis R R. bonds, 
St Paul,. Minneapolis & Manitoba R.R. bonds, 
Scioto Valley & New England R R. bonds, 
City of Richmond, Va., bonds, . 
Carthage, Watertown & Sacketts Harbor R.R., 



Summary of Assets Dec 
Loans on mortgage of real estate (first Hens*) 
Stocks and bonds as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Cash in hands of agents, .... 
Premiums in course of collection (gross), 
Gross assets, 

Unadmitted. 
Special deposits in other States, 

Cash not in control of trustees, 



Par Value. 

$45,000 00 
25,000 00 
25,000 00 
15,000 00 
25,000 00 
55,000 00 
30,000 00 
50,000 00 
33,000 00 



Market Value. 

£53,212 50 
30,000 00 
32,500 00 
11,100 00 
26,750 00 
65,687 50 
22,200 00 
50,000 00 
38,280 00 



Liabilities. 



Balance, 

Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 

Reinsurance, 

Miscellaneous, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, 

Surplus over capital, .... 



$1,242,000 00 $1,380,462 50 

31, 1894. 

$15,000 00 

1,380,462 50 

1,562 37 

128,796 70 

774 59 

110,500 38 



$1,637,096 54 



$250,575 00 
6,496 66 



257,071 66 
. $1,380,024 88 



$40,181 50 
51,908 00 
26,270 00 



$118,359 50 
5,286 34 

$113,073 16 

790,756 32 

174 80 

18,553 94 

1,022 79 

114 76 

$923,695 77 
73,894 11 



849,801 66 



$530,223 22 
200,000 00 

$330,223 22 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$30,000 00 
15,000 00 



372 LONDON ASSURANCE CORPORATION. 



Income. 

Fire premiums outstanding Dec. 31, 1893, . 118939191 
Premiums on risks written or renewed, . . 1,132,020 29 



Total $1,271,912 20 

Premiums now in course of collection, . . 110,500 38 



Entire premiums collected $1,101,411 82 

Less reinsurance and return premiums, . . 233,144 23 

Net cash fire premiums received, . . . $928,267 59 

Interest and dividends from all sources, 54,129 86 

Remittances from home office, .... $7,320 00 



Gross cash income, $982,397 45 

Expenditures. 

Cash paid for fire losses, $ 584,644 25 

Deduct salvage and reinsurance, . . . 38,088 73 

Net cash paid for fire losses, .... $546,555 52 

Cash paid for commissions and brokerage, .... 170380 91 
for salaries of officers and employees, . . . 72,331 71 

for State and local taxes, 21,956 52 

for incidentals, 60,908 76 

Remitted to home office, $57,754 82 



Gross cash expenditures, £872,633 42 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$190,742,144 00 $1,749,793 82 
121,798,004 00 1,132,020 29 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



$312,540,148 00 $2,881,814 11 
130,860,475 00 1,199,572 89 



$181,679,673 00 $1,682,241 22 
9,310,854 00 96,611 10 



Net amount in force, .... $172,368,819 00 $1,585,630 12 

Miscellaneous. 
Fire losses incurred during the year, ..... $545,642 00 



LONDON ASSURANCE CORPORATION. 



373 



UNITED STATES BRANCH OF THE « LONDON ASSURANCE 
CORPORATION," LONDON. 

[marine branch] 

Deposit Capital, $300,000. 

CLEMENT L. DE3PARD, Manager and Attorney. 

Office, New York, N. Y. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

New York city water stock, .... $100,000 00 $101,750 00 

Boston city bonds 100,000 00 103,000 00 

Brooklyn city bonds, 100,000 00 95,000 00 

New York city bonds, 10,000 00 10,150 00 

Cleveland, Cincinnati, Chicago & St. Louis, . 50,000 00 45,000 00 

Chicago & Erie Railroad bonds, . . . 50,000 00 42,500 00 

Chesapeake & Ohio Railroad bonds, . . 50,000 00 53,500 00 



$160,000 00 $450,900 00 



Summary of Assets Dec. 31, 1894. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 

Reinsurance, 

Gross assets, 



$450,900 00 

189 00 

95,775 72 

5,864 59 

50,495 73 

12,816 96 

114 93 



$616,156 93 



Unadmitted. 
Cash not in control of trustees, 
Premiums in course of collection in excess of 
unearned premiums, 



Balance, 



$940 17 
5,092 44 



6,032 61 



110,124 32 



Liabilities. 



Losses adjusted, unpaid, 
Less reinsurance, 



Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 



$124,125 64 
54,876 00 

$69,249 64 

37,227 83 

2,109 00 



374 LONDON ASSURANCE CORPORATION. 

Return premiums and reinsurance, . . . ?5,711 08 

Reinsurance disallowed, 75,868 42 

Gross liabilities, except capital, . . $190,165 97 

Surplus as regards policy-holders, $419,958 35 

Deposit capital, 300,000 00 



Surplus over capital, . $119,958 35 

Income. 

Marine premiums outstanding Dec. 31, 1893, . $48,786 87 
Premiums on risks written or renewed, . . 435,072 08 



Total, $483,858 95 

Premiums now in course of collection, . . 50,495 73 



Entire premiums collected, .... $433,363 22 
Less reinsurance and return premiums, . . 64,658 35 

Net cash marine premiums received, . . $868,701 87 

Interest and dividends received from all sources, . . . 17,S41 62 



Gross cash income, §380,546 49 

Expenditures. 

Cash paid for marine and inland losses, . . $307,291 74 
Deduct salvage and reinsurance, . . . 77,896 38 

Net cash paid for marine and inland losses, . $229,395 36 

Cash paid for commissions and brokerage, .... 33,800 80 
for salaries of officers and employees, . . . 13,952 61 

for State and local taxes, .107 

for incidentals, ... .... 14,139 31 

Remitted to home office, $53,589 89 



Gross cash expenditures, ....... §299,329 15 

Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . . • 



Premiums. 

§3,905,678 00 $105,629 37 
64,958,478 00 435,072 08 



$68,864,156 00 $540,701 45 
65,972,155 00 2,360 70 



$2,892,001 00 -.340 75 
1,085,799 00 21,112 92 



$1,806,202 00 



Miscellaneous. 
Marine and inland losses incurred during the year, . . §239,118 00 



LONDON AND LANCASHIRE FIRE INSURANCE CO. 



375 



UNITED STATES BRANCH OF THE "LONDON AND LANCASHIRE 
FIRE INSURANCE COMPANY," LIVERPOOL, ENGLAND. 

Deposit Capital, $200,000. 

ARCHIBALD G. McILVAINE, Jr., Manager. 

Office, New York, N. Y. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

New York City bonds, $120,000 00 

United States bonds, 322,500 00 

City of Richmond bonds, 50,000 00 

Baltimore & Ohio Railroad bonds, . . . 100,000 00 

Chicago & Northwestern Railroad bonds, . 100,000 00 

Chicago, Rock Island & Pacific R R. bonds, . 90,000 00 

Central Railroad of New Jersey bonds, . . 100,000 00 

Cin., Ind., St. Louis & Chicago R.R. bonds, . 100,000 00 

Delaware & Hudson Railroad Company bonds, 25,000 00 

Lake Shore & Michigan Southern R.R bonds, 92,000 00 

N. Y. Central & Hudson River R.R. bonds • 75,000 00 

New York & Harlem River Railroad bonds, . 50,000 00 

West Shore Railroad bonds, .... 100,00000 

Lake Erie & Western Railroad bonds, . . 50,000 00 

Lehigh Valley Railroad bonds, . . . 50,000 00 

Mil., Lake Shore & Western Railroad bonds, . 50,000 00 

Baltimore Belt Railroad bonds, . . . 25,000 00 

Chesapeake & Ohio Railroad bonds, . . 50,000 00 

Cincinnati, Dayton & Ironton Railroad bonds, 20,000 00 

Beech Creek Railroad Company bonds, . . 25,000 00 

Flint & Pere Marquette bonds,. . . . 25,000 00 

New York, Chicago & St. Louis R.R. bonds, . 25,000 00 

New York, Ontario & Western R.R. bonds, . 20,000 00 

State of Georgia bonds, 25,000 00 

Underwriters' Salvage Co's stock (N. Y.), . 1,000 00 

Milwaukee Underwriters' Build'g Ass'n stock, 83 00 



Market Value. 

$122,700 00 

369,325 00 

49,750 00 

112,500 00 

121,500 00 

117,900 00 

1U,000 00 

95,000 00 

36,500 00 

109,020 00 

95,250 00 

59,000 00 

106,500 00 

57,500 00 

52,000 00 

57,500 00 

25,812 00 

53,500 00 

20,350 00 

26,750 00 

21,250 00 

25,500 00 

22,200 00 

29,750 00 

1,000 00 

83 00 



$1,690,583 00 $1,902,140 00 



Summary of Assets Dec 31, 1894 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents due and accrued, .... 

Reinsurance, 

Premiums more than 3 months due, $19,308 17 
Gross assets, 



$299,125 00 

1,902,140 00 

24,489 78 

157,914 22 

310,819 31 

5,578 83 

760 14 

12 60 



£2,700,869 88 



376 



LONDON AND LANCASHIRE FIRE INSURANCE CO. 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



$254,175 00 
167,434 00 



$421,609 00 



Balance, $2,279,260 88 



Liabilities, 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Return premiums and re-insurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, .... 



Surplus over capital, 



$00,376 28 

116,774 80 

47,932 07 

$225,083 15 
29,098 42 

? 195,984 73 

1,631,126 61 

54,478 86 

18,129 04 

2,500 00 

$1,902,219 24 
154,077 83 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . - 

Interest and dividends received from all sources, 

Income from rents, 



$335,069 22 
1,101 41 



. $333,967 81 
. 2,589,846 89 

. $2,923,814 70 
335,706 31 

. $2,588,108 39 
653,759 07 



1,748,141 41 

$531,119 47 

00 

$331,119 47 



Gross cash income, 



- $1,934,349 32 

81,703 67 

9,669 64 

. $2,025,722 63 



Expenditures. 

Cash paid for fire losses £ 1,568,976 72 

Deduct salvage and reinsurance, . . . 130,595 93 

Net cash paid for fire losses, .... $1,135,350 79 



MANCHESTER FIRE ASSURANCE CO. 



377 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, . 
for State and local taxes, .... 
for rent and incidentals, .... 



$368,821 91 

148,003 64 

40,564 35 

126,781 58 



Gross cash expenditures, $1,822,552 27 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$369,734,923 00 
251,703,752 00 

$621,438,675 00 
254,603,334 00 



$366,835,341 00 
12,829,961 00 



Premiums. 

$3,371,511 97 

2,589,846 89 

$5,961,358 86 

2,633,602 55 

$3,327,756 31 

184,250 40 



$354,005,380 00 $3,143,505 91 



Miscellaneous. 
Fire losses incurred during the year, 



$1,062,849 00 



UNITED STATES BRANCH OF THE "MANCHESTER FIRE AS- 
SURANCE COMPANY," MANCHESTER, ENGLAND. 

Deposit Capital, $200,000. 
W. W. DUDLEY, Manager. 

Office, Chicago, III. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

New York city bonds, $200,000 00 $201,000 00 

United States bonds, 427,000 00 486,780 00 

District of Columbia bonds, .... 20,000 00 22,400 00 

Wheeling & Lake Erie Railroad bonds, . . 30,000 00 28,500 00 

Lehigh Valley Railroad bonds, . . . 25,000 00 25,750 00 

St. Paul, Minneapolis & Manitoba R.R. bonds, 25,000 00 25,437 50 

Chesapeake & Ohio Railroad bonds, . . 25,000 00 26,250 00 

Chicago, Milwaukee & St. Paul R.R. bonds, . 50,000 00 55,000 00 

Chicago & Eastern Illinois Railroad bonds, . 27,000 00 33,480 00 

Knoxville & Ohio Railroad bonds, . . . 15,000 00 17,325 00 

Ceutral Railroad of New Jersey bonds, . . 55,C00 00 62,700 00 

West Shore Railroad bonds, .... 25,000 00 25,750 00 

Baltimore & Ohio Railroad bonds, . . . 79,000 00 89,260 00 

Pennsylvania Railroad bonds, .... 75,000 00 79,800 00 

Chicago & Western Indiana Railroad bonds, . ' 80,000 00 92,800 00 



378 



MANCHESTER FIRE ASSURANCE CO. 



Atlanta & Charlotte Railroad bonds, 
Atchison, Topeka & Santa Fe Railroad bonds, 
Lake Erie & Western Railroad bonds, 
Chicago, St. Louis & New Orleans R.R. bonds, 
Northern Pacific Railroad bonds, 
Burlington, Cedar Rapids & Northern R.R. b'ds, 
Illinois Central Railroad bonds, 
Beech Creek Railroad bonds, . 

City of Brooklyn bonds, 

City of Newark water bonds, . 



Par Value. 

$14,000 00 
16,500 00 
13,000 00 
25,000 00 
16,000 00 
25,000 00 
16,000 00 
75,000 00 

200,000 00 
50,000 00 



Market Value. 

$16,48.0 

10,353 75 

14,885 00 

28,875 00 

18,560 00 

26,625 00 

17,400 00 

79,125 00 

200,000 00 

55,000 00 



$1,608,500 00 $1,739,541 25 



Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens), §50,000 00 

Stocks and bonds, as per schedule, . . . 1,739,541 25 

Cash in the office of the company, . . . 783 58 

Cash deposited in bank, 43,051 66 

Premiums in course of collection (gross), . 270,040 86 

Reinsurance, etc., 1,352 67 

Gross assets, $2,104,770 02 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



§164,000 00 
43,835 24 



207,835 24 



Balance, $1,896,934 78 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy-holders, . 
Deposit capital, 

Surplus over capital, . 



§126,804 08 
90,956 50 
48,209 95 



$265,970 53 
2,558 24 



$263,412 29 

1,258,383 28 

50,510 25 

564 46 

§1,572,870 28 
69,874 98 



1,502,995 30 

§393,939 48 
',000 00 



$193,93. 



MANNHEIM INSURANCE CO. 



379 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



$285,726 
2,177,186 



59 
61 



Total, $2,462,913 20 

Premiums now in course of collection, . . 270,040 86 



Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Gross cash income, ...... 



. $2,192,872 
557,909 



34 
14 



§1,634,963 20 
71,992 50 

81,706,955 70 



Expenditures. 

Cash paid for fire losses, $1,258,810 

Deduct salvage and reinsurance, . . . 64,280 

Net cash paid for fire losses, .... — 

Cash j3aid for commissions and brokerage, 

for salaries of officers and employees, . 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, 

Risks and Premiums. 



66 
81 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . . . 



$180,593,011 
158,207,457 



$1,194,529 85 

322,002 09 

90,235 59 

42,072 67 

125,596 50 

$1,774,436 70 



Premiums. 

00 $2,253,802 82 
00 2,177,186 61 



$338,800,468 
150,698,226 



00 $4,430,989 43 
00 1,970,845 29 



$188,102,242 
5,143,690 



00 $2,460,144 14 
00 79,651 43 



$182,958,552 00 $2,380,492 71 



Miscellaneous. 
Fire losses incurred during the year, 



. $1,120,312 00 



UNITED STATES BRANCH OF THE "MANNHEIM INSURANCE 
COMPANY," MANNHEIM, GERMANY. 

Deposit Capital, $300,000. 
JAS. JOHNSTONE RILEY, Resident Manager. 

Office, New York City. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds $100,000 00 $113,500 00 

New York City stock, 250,000 00 250,000 00 



$350,000 00 $363,500 00 



380 



MANNHEIM INSURANCE CO. 



Summary of Assets Dec. 31, 1894. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 



Gross assets, 



$363,500 00 

79 02 

34,329 27 

27,319 21 

2,250 00 



$427,477 50 



Unadmitted. 

Cash not in control of trustees, . . . §34,408 29 
Premiums in course of collection in excess of 

unearned premiums, 2,086 33 

Bills receivable, 2,250 00 



38,744 62 



Balance, £388,732 88 



Liabilities. 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks, 

State and local taxes, 

Commissions and brokerage, . 

Reinsurance, 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Deposit capital, .... 



$24,768 65 

7,500 00 

25,232 88 

250 00 

674 52 

173 82 



58,599 87 

$330,133 01 
300,000 00 



Surplus over capital, £30,133 01 



Inxome. 

Marine premiums outstanding Dec. 31, 1893, 
Same not collected, .... 

N/et collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, 
Gross cash income, . . , 



£29,264 04 
430 26 

£28,833 78 
231,463 12 

£260,296 90 
27,319 21 

$232,977 69 
15,074 48 



8217,903 21 
£217,903 21 



MARINE INSURANCE CO. (LIMITED). 



381 



Expenditures. 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$148,411 45 
13,817 21 



Gross cash expenditures, ....... $175,048 15 



§134,594 24 

15,310 63 

10,181 11 

4,436 84 

10,525 33 



Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$1,371,734 00 
41,839,294 00 



Premiums. 

$27,436 61 
231,463 12 



$43,211,028 00 $258,899 73 
41,859,974 00 220,864 42 



$1,351,054 00 
35,500 00 



$38,035 31 
807 99 



$1,315,554 00 $37,227 32 



Miscellaneous. 
Marine and inland losses incurred during the year, 



. $100,197 00 



UNITED STATES BRANCH OF THE " MARINE INSURANCE 
COMPANY," LIMITED, LONDON, ENGLAND. 

Deposit Capital, $300,000. 
PERCY CHUBB, Resident Manager. 

Office, New York City. 



Detailed Statement of Stocks and Bonds. 



United States bonds, 

New York city bonds, .... 

Pennsylvania Railroad bonds, . 

N. Y. Central & Hudson River R.R. bonds, 



Par Value. 

$100,000 00 

300,000 00 

50,000 00 

25,000 00 



Market Value. 

$113,000 00 

309,000 00 

60,000 00 

25,000 00 



$475,000 00 $507,000 00 



Summary of Assets Dec. 31, 1894. 
Stocks and bonds, as per schedule, . . . $507,000 00 
Cash in the office of the company, . . . 1,622 58 

Cash deposited in bank, 19,261 20 



382 



MARINE INSURANCE CO. (LIMITED). 



Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 

Reinsurance, 

Gross assets, 



$46,213 80 

16,676 16 

3,633 86 



$594,407 60 



Unadmitted. 



Special deposits in other States, 
Cash v not in control of trustees, 



$113,000 00 
20,883 78 



133,883 78 



Balance, $460,523 82 



Liabilities. 



Losses claimed and reported, 
Less reinsurance, 



Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, 



$52,959 61 
18,000 00 

£34,959 61 

56,269 66 

4,000 00 

3,475 91 

24,359 81 

39,571 92 

$162,636 91 
8,997 18 



Surplus over capital, . 



Income. 

Marine premiums outstanding Dec. 31, 1893, . $51,750 59 

Premiums on risks written or renewed, . . 262,727 87 

Total, $314,478 46 

Premiums now in course of collection, . . 62,889 96 

Entire premiums collected, .... $251,58850 

Less reinsurance and return premiums, . . 86,650 24 

Net cash marine premiums received, . . 

Interest and dividends received from all sources, . 



153,639 73 



£306,884 09 
300,000 00 

$6,884 09 



$164,938 26 
10,355 98 



Gross cash income, ........ $175,294 24 



Expenditures. 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 



$92,439 07 
69,181 41 



$23,257 66 



NATIONAL ASSURANCE CO. 



383 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 

Gross cash expenditures, .... 



$12,112 80 

5,764 46 

4,577 67 

|45,712 59 



Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$18,141,918 00 

146,449,036 00 

$164,590,954 00 

146,649,718 00 



Premiums. 

$94,194 08 
262,727 87 

$356,921 95 
274,779 01 



$17,941,236 00 
6,279,432 00 



,142 94 

25,873 28 



$11,661,804 00- $56,269 66 



Miscellaneous. 
Marine and inland losses incurred during the year, 



$35,021 00 



UNITED STATES BRANCH OF THE "NATIONAL ASSURANCE 

COMPANY," IRELAND. 

Deposit Capital, $200,000. 
GILBERT PAL ACHE, Manager. 

Office, San Francisco, Cal, 



Detailed Statement of Stocks and Bonds. 



Boston city bonds, .... 
Boston & Maine Railroad bonds, 
150 shares Fitchburg Railroad stock, 
Lynn city bonds, .... 
Old Colony Railroad bonds, 
Reading (Pa.) city bonds, 



Par Value. 

$120,000 00 
20,000 00 
15,000 00 
15,000 00 
20,000 00 
10,000 00 



Market Value. 

$129,800 00 

20,600 00 

12,450 00 

15,525 00 

21,000 00 

10,550 00 



$200,000 00 $209,925 00 



Sdmmaky op Assets Dec. 31, 1894. 

Stocks and bonds, as per schedule, . . . $209,925 00 

Cash deposited in bank, 36,334 05 

Gross assets, $246,259 05 



384 



NORTH BRITISH AND MERCANTILE INSURANCE CO. 



Liabilities. 
Losses disputed or resisted, .... 84,550 00 

Unearned premiums on outstanding risks, . 9,089 25 

Gross liabilities, except capital, . . $13,639 25 

Surplus as regards policy-holders, $232,619 80 

Deposit capital, 200,000 00 

Surplus over capital, $32,619 80 

Income. 

Cash fire premiums received, $24,642 00 

Gross cash income, r,642 00 

Expenditures. 

Cash paid for fire losses, £25,010 03 

Cash paid for commissions and brokerage, .... 3,696 30 

Gross cash expenditures, $28,706 33 

Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1893, . . $8,119,860 00 $143,018 90 

Deduct risks expired and terminated, . . 6,824,358 00 119,271 06 

In force at end of year $1,295,502 00 ..747 84 

Deduct amount reinsured, .... 59,60000" 1,31670 

Net amount in force, $1,235,902 00 $22,43114 

Miscellaneous. 

Fire losses incurred during the year, $22,493 00 



UNITED STATES BRANCH OF THE "NORTH BRITISH AND 
MERCANTILE INSURANCE COMPANY," LONDON AND EDIN- 
BURGH. 

Deposit Capital, $200,000. 

HENRY E. BOWERS, Manager. 

Office, New York, N. Y. 



Detailed Statement of Stocks and Bonds. 

Par Valoe. Market Valne. 

$420,000 00 $459,677 50 

500,000 00 620,000 00 

400,000 00 416,000 00 

100,000 00 133,000 00 

61,000 00 88,450 00 

50,000 00 59,000 00 

156,000 00 223,405 00 

200,000 00 223,710 00 



United States bonds, 

N. Y. Central & H. R. Railroad bonds, . 

West Shore Railroad bonds, 

N. Y., Lackawanna & Western R R. bonds, 

Delaware & Hudson Canal Co. bonds, 

St. Paul & Northern Pacific Railroad bonds, 

Chicago & North Western Railroad bonds, 

Baltimore & Ohio Railroad bonds, . 



NORTH BRITISH AND MERCANTILE INSURANCE CO. 



385 



City of Boston bonds, 

New York county stock, 

New York city bonds, 

Alabama bonds, 

Virginia bonds, 

West Virginia certificates, 

Underwriters' Salvage Co. (N. Y.), 



Par Value. 

$80,000 00 
22,000 00 
24,000 00 
10,000 00 
41,100 00 
18,666 67 
1,000 00 



Market Value. 

$89,900 00 
27,747 00 
27,492 00 
10,400 00 
25,071 00 
2,426 00 
1,000 00 



$2,083,766 67 $2,407,278 50 



Summary of Assets Dec. 31, 1894. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 

Reinsurance, etc., 

Premiums more than 3 months due, $27,007 50 
Gross assets, ..... 

Unadmitted. 

Special deposits, 

Securities not in control of trustees, 
Cash not in control of trustees, 



Balance, 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, , 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
State and local taxes and agency expenses, 
Commissions and brokerage, . 

Bills payable, 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy-holders, . 
Deposit capital, 



$500,000 00 

2,407,278 50 

13,104 59 

263,620 61 

48,056 00 

329,395 32 

4,644 24 

7,454 08 



$3,573,553 34 



$244,462 00 

91,896 83 

260,966 98 



597,325 81 



$2,976,227 53 



$91,779 45 

167,518 03 

44,474 76 

$303,772 24 
8,211 91 



$295,560 33 

1,882,983 94 

11,137 69 

57,506 82 

10,189 37 

909 60 

$2,258,287 75 
170,099 43 



2,088,188 32 

$888,039 21 
200,000 00 



Surplus over capital, $688,039 21 



386 NORTHERN ASSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1893, . $403,897 23 

Premiums on risks written or renewed, . . 2,824,524 67 

Total, $3,228,421 90 

Premiums now in course of collection, . . 361,047 06 



Entire premiums collected, .... $2,867,374 84 
Less reinsurance and return premiums, . . 515,997 78 

Net cash fire premiums received, . . . $2,351,377 06 

Interest and dividends received from all sources, . . . 117,175 57 
Income from rents, 12,165 88 



Gross cash income, $2,480,718 51 

Expenditures. 
Cash paid for fire losses, $1,668,071 44 

Deduct salvage and reinsurance, . . . 94,294 00 

Net cash paid for fire losses, .... $1,573,777 44 

Cash paid for commissions and brokerage, .... 376,181 87 

227,277 11 

53,889 08 

105,030 06 



for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, $2,336,155 56 

Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1893, . $346,849,538 00 $3,842,933 78 
Fire risks written during 1894, . . 246,445,625 00 2,824,524 67 



Total, $593,295,163 CO $6,667,458 45 

Deduct risks expired and terminated, . 249,828,414 00 2 46 



In force at end of year, .... £343,466,749 00 $3,864,670 99 
Deduct amount reinsured, . . . 12,781,338 00 112,217 67 



Net amount in force, . . . . $330,685,411 00 $3,752,453 32 

Miscellaneous. 
Fire losses incurred during the year, $1,446,801 00 



UNITED STATES BRANCH OF THE "NORTHERN ASSURANCE 
COMPANY,'' LONDON, ENGLAND. 

Deposit Capital, $200,000. 
H. 8. WHEELOCK, Xew England Manager. 

Office, 53 State Street, Boston. 
Deta-iled. Statement of Stocks and Bond?. 

, Par Value. 

United States bonds, $385,000 00 $485,050 00 

Salem, Oregon,- city bonds, .... 40,00000 40,46000 



NORTHERN ASSURANCE CO. 



387 



New York city bonds, 
Boston city bonds, 
St. Louis city bonds, . 
Providence city bonds, 
St. Paul city bonds, . 
Minneapolis city bonds, 
Massachusetts State bonds, 
Pennsylvania Railroad bonds, 
West Shore Railroad bonds, 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Reinsurance, etc., 

Premiums more than 3 months due, $3,770 49 
Gross assets, 



Special deposits in other States, 
Cash not in control of trustees, 



Unadmitted. 



Balance, 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, etc., 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, 



Par Value. 

$200,000 00 

139,500 00 

40,000 00 

52,500 00 

50,000 00 

100,000 00 

25,000 00 

100,000 00 

50,000 00 

$1,182,000 00 

31, 1894. 

$115,000 00 

1,264,216 24 

2,628 78 

97,653 78 

4,850 00 

'204,138 95 

1,143 29 



Market Value. 

$201,500 00 

151,706 25 

42,666 66 

53,812 50 

53,375 00 

102,500 00 

27,812 50 

102,333 33 

53,000 00 

1,264,216 24 



$249,510 00 
100,282 56 



§1,689,631 04 



349,792 56 
$1,339,838 48 



$6,205 98 

109,480 22 

39,776 00 

$155,462 20 
9,082 74 

$146,379 46 

1,021,738 92 

1,451 81 

28,334 32 

10,578 01 

3,902 40 

1,947 49 

1,214,332 41 
155,486 68 



1,058,845 73 

$280,992 7.1 
200,000 00 



Surplus over capital, $80,992 75 



388 



NORTHERN ASSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1893 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest and dividends received from all sources, 

Remittances from home office, 

Gross cash income, . 



$242,425 80 
-7 71 

$240,838 09 
1,616,941 29 

$1,857,779 38 
207,909 44 

$1,649,869 94 
432,015 58 



$24,658 03 



$1,217,854 36 
47,30 f j 



. $1,265,163 44 



Expenditures. 

Cash paid for fire losses, $ 792,181 89 

Deduct salvage and reinsurance, . . . 93,099 84 

Net cash paid for fire losses, .... $699,08205 

Cash paid for commissions and brokerage, .... 186,398 35 
for salaries of officers and employees, . . . 76,750 66 

for State and local taxes, 35,048 73 

for incidentals, 124,514 63 

Remitted to home office, $132,586 31 



Gross cash expenditures, . 



. $1,121,794 42 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Preminini. 

$171,378,992 00 $2,029,174 61 
128,801,772 00 1,616,941 29 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$300,180,764 00 $3,646,115 90 
133,882,012 00 1,594,216 24 



$166,298,752 00 $2,051,899 66 
4,137,699 00 42,909 86 



$162,161,053 00 $2,008,989 80 



Miscellaneous. 
Fire losses incurred during the year, 



. $685,837 00 



NORWICH UNION FIRE INSURANCE SOCIETY. 



389 



UNITED STATES BRANCH OF THE "NORWICH UNION FIRE 
INSURANCE SOCIETY," NORWICH, ENGLAND. 

Deposit Capital, $200,000. 
J. MONTGOMERY HARE, Resident Manager. 

Office, New York, N. Y. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds $508,000 00 $574,040 00 

New York City water loan, .... 100,000 00 103,000 00 

New York Central & Hudson Riv. R.R. bonds, 75,000 00 94,875 00 

West Shore Railroad bonds, .... 40,000 00 42,500 00 

Pennsylvania Company's bonds, . . . 150,000 00 165,750 00 

Pennsylvania Equipment Trust certificates, . 52,000 00 53,010 00 

Chicago, Burlington & Quincy R.R. bonds, . 100,000 00 87,000 00 

Chicago, Rock Island & Pacific R'y bonds, . 90,000 00 92,250 00 

Lake Shore & Michigan Southern R'y bonds, . 118,000 00 145,435 00 

Richmond City, Va., bonds, .... 50,000 00 56,250 00 

Lehigh & Wilkesbarre Coal Co. bonds, . . 8,000 00 8,720 00 

N. Y., Chicago & St. Louis bonds, . . . 100,000 00 102,000 00 

Butler Co., Ohio, High & Main St. b'dge bonds, 50,000 00 53,973 00 



Summary of Assets Dec 

Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Premiums in course of collection (gross), 
Premiums more than 3 months due, $16,317 34 
Gross assets, 



$1,441,000 00 $1,578,833 00 

31, 1894. 

$40,000 00 

150 00 

1,578,833 00 

1,402 64 

250,544 45 

117,293 05 

$1,988,223 14 



Special deposits in other States, 
Cash not in control of trustees, 



Unadmitted. 



$234,875 00 
96,050 76 



330,925 76 



Balance, $1,657,297 38 



Liabilities. 



Amount of losses unpaid, . 
Less reinsurance, 



Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 



$191,655 41 
9,495 07 

$182,160 34 
1,209,865 79 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$80,000 00 
40,000 00 



390 



NORWICH UNION FIRE INSURANCE SOCIETY. 



Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy-holders, . 
Deposit capital, 



Surplus over capital, . 



$2,840 45 
22,006 80 

5,369 28 

$1,422,242 66 
130,259 88 



$ 1,29 1,982 78 

$365,314 60 
200,000 00 

$165,314 60 



Income. 
Fire premiums outstanding Dec. 31, 1893, . $112,386 64 
Premiums on risks written or renewed, . . 1,944,551 76 

Total, $2,056,938 40 

Premiums now in course of collection, . . 133,610 39 

Entire premiums collected, .... $1,923,328 01 
Less reinsurance and return premiums, . . 361,549 40 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 

Expenditures. 
Cash paid for fire losses, $1,034,378 95 

Deduct salvage and reinsurance, . , . 66,532 03 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, . 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, 



$1,561,778 56 

1,800 00 

61,830 88 

$1,625,409 44 



$967,846 92 

260,931 31 

128,717 95 

20,612 24 

110,355 44 

$1,488,463 86 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 

Total, . . . . ' . ' . 
Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 



$221,494,915 00 
174,631,313 00 

$396,126,228 00 
169,587,736 00 

$226,538,492 00 
4,793,804 00 



Premiums. 

$2,321,367 72 
1,944,551 76 

$4,265,919 48 
1,840,732 71 

$2,425,186 77 

45,485 12 



$221,744,688 00 £2,379,701 65 



Miscellaneous. 
Fire losses incurred during the year, 



$912,157 00 



PALATINE INSURANCE CO., LIMITED. 



391 



UNITED STATES BRANCH OF "THE PALATINE INSURANCE 
COMPANY, LIMITED," OF MANCHESTER, ENGLAND. 

Deposit Capital, $200,000. 
WM. WOOD, Manager. 

Office, New York, N. Y. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds $400,000 00 $454,000 00 

Chicago, Rock Island & Pacific R.R. bonds, . 100,000 00 104,500 00 

West Shore bonds, 139,000 00 148,035 00 

Missouri, Kansas & Texas R.R. bonds, . . 100,000 00 81,000 00 

Brooklyn City & Newtown Railroad bonds, . 50,000 00 54,000 00 

Baltimore & Ohio Railroad bonds, . . 77,000 00 87,010 00 

Chicago & Northwestern Railroad bonds, . 99,000 00 103,925 00 

New York City bonds, 200,000 00 206,000 00 

Manhattan Railway bonds, .... 150,000 00 147,000 00 

Chicago, Milwaukee & St. Paul R.R. bonds, . 60,000 00 57,150 00 

New York Elevated Railroad bonds, . . 50,000 00 55,625 00 

N. Y., Lake Erie & West. Coal & R.R. bonds, 25,000 00 27,500 00 

N. Y. Central & Hudson River R.R. bonds, . 29,000 00 33,290 00 

Beech Creek Railroad bonds, .... 25,000 00 26,500 00 

Baltimore & Ohio Railroad bonds, . . . 20,000 00 22,550 00 

Chicago, Burlington & Quincy R R. bonds, . 40,000 00 40,100 00 

Oregon Railway & Navigation Co. bonds, . 7,000 00 7,700 00 

Southern Kansas Railroad bonds, . . . 52,000 00 31,200 00 

State of Georgia bonds, 25,000 00 25,437 00 

Underwriters' Salvage Company, N. Y., stock, 1,000 00 1,000 00 

$1,649,000 00 $1,713,522 00 

Summary of Assets Dec. 31, 1894. 

Loans on mortgage of real estate (first liens*), $50,000 00 

Interest due or accrued thereon, . . . 200 00 

Stocks and bonds, as per schedule, . . . 1,713,522 00 

Cash in the office of the company, . . . 1,684 99 

Cash deposited in bank, 193,933 84 

Interest due and accrued, 2,087 92 

Premiums in course of collection (gross), . 427,663 85 
Premiums more than 3 months due, $9,164 46 

Gross assets, 

Unadmitted. 
Special deposits in other States, . . . $75,437 00 

Cash not in control of trustees, . . . 97,731 28 

Interest and Salvage Company stock, . . 1,200 00 

174,368 28 

Balance, ' . . . . $2,214,724 32 



$2,389,092 60 



* Value of lands mortgaged, . 
Value of buildings thereon, 



$125,000 00 
. 25,000 00 



392 



PALATINE INSURANCE CO., LIMITED. 



Liabilities. 

Losses adjusted, unpaid, $60,774 18 

claimed and reported, . . . . 181,113 97 

disputed or resisted, .... 33,326 01 

Total amount of losses, $275,214 16 

Less reinsurance, 2,942 97 

Net amount of unpaid losses, .... $272,271 19 

Unearned premiums on outstanding risks, . 1,388,510 84 

Due and accrued for rent, salaries, etc., . . 374 27 

State and local taxes, 526 49 

Commissions and brokerage, .... 71,185 29 

Return premiums, 32,327 39 

Reinsurance, 3,804 72 

Reinsurance disallowed, 1,250 00 

Gross liabilities, except capital,. . . $1,770,256 19 
Deduct liability on special deposits, . . 37,295 07 

Surplus as regards policy-holders, 

Deposit capital, 

Surplus over capital, 

Income. 

Fire premiums outstanding Dec. 31, 1893, . $378,715 23 
Premiums on risks written or renewed, . . 3,023,524 32 

Total, $3,402,239 55 

Premiums now in course of collection, . . 436,828 31 

Entire premiums collected, .... $2,965,411 24 
Less reinsurance and return premiums, . . 665,395 07 

Net cash fire premiums received, . . . -52,300,016 17 

Interest received on mortgages, 3,000 00 

Interest and dividends received from all other sources, . . 77,070 44 

Gross cash income, $2,380,086 61 



$1,732,961 12 

$481,763 20 

00 

$281,763 20 



Expenditures. 
Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . 

Cash paid for commissions and brokerage, 



$1,566,613 26 
46,078 08 



for salaries of officers and employees, 
for State and local taxes, 

for rent, 

for incidentals, 



Gross cash expenditures, 



$1,520,535 18 

420,402 27 

139,411 08 

37.411 45 

18,198 30 

. 95 

62,214,833 23 



PHCENIX ASSURANCE CO. 



393 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Risks and Premiums. 

Premiums. 

$197,074,239 00 $2,334,273 91 
265,863,214 00 3,023,524 32 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$462,937,453 00 $5,357,798 23 
233,656,076 00 2,715,353 02 



$229,281,377 00 $2,642,445 21 
1,813,583 00 24,835 35 



$227,467,794 00 $2,617,609 86 



Miscellaneous. 
Fire losses incurred during the year, 



. $1,420,526 00 



UNITED STATES BRANCH OF THE " PHCENIX ASSURANCE 
COMPANY OF LONDON," LONDON, ENGLAND. 

Deposit Capital, $200,000. 
A. D. IRVING, Resident Manager. 

Office, New York, N. T. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $1,198,000 00 $1,359,730 00 

Central Railroad of New Jersey bonds, . . 50,000 00 57,500 00 

Chicago, Rock Island & Pacific Railroad bonds, 50,000 00 52,375 00 

New York, Chicago & St. Louis R.R. bonds, . 50,000 00 51,250 00 

West Shore Railroad bonds, .... 120,000 00 127,800 00 

Pennsylvania Company bonds, . . . 25,000 00 28,250 00 

Chicago & Northwestern Railroad bonds, . 43,000 00 47,407 50 

St. Paul, Minnesota & Manitoba, . . . 50,000 00 51,500 00 

$1,586,000 00 $1,775,812 50 



Summary of Assets Dec. 31, 1894. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Reinsurance, 

Premiums more than 3 months due, $4,607 76 
Gross assets, 



$1,775,812 50 

3,894 03 

441,834 84 

17,942 50 

243,158 92 

15,884 87 



$2,498,527 66 



394 



niCENIX ASSURANCE CO. 



Special deposits in other States, 
Cash not in control of trustees, 



Unadmitted. 



$221,325 00 
20,433 08 



$241,7.58 08 



Balance, 12,256,769 58 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, .... 

Surplus over capital, 



$52,327 00 

406,808 00 

34,724 00 

$493,859 00 
219,728 00 

$274,131 00 

1,443,945 97 

40,651 03 

35,926 08 

$1,794,654 08 
122,719 11 



1,671,934 97 

$584,834 61 
200,000 00 

$384,834 61 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest and dividends received from all sources, 



$297,152 61 
3,310,244 28 

$3,607,396 89 
247,766 68 

$3,359,630 21 
1,412,705 95 



$1,946,924 26 
69,485 44 



Gross cash income, $2,016,409 70 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for commissions and brokerage, 



$1,682,749 94 
487,436 08 



for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, . , , 



$1,195,31 

',088 57 

98,7S2 52 

73,774 98 

100,912 05 

S1,848,n1 98 



PRUSSIAN NATIONAL INSURANCE CO. 



395 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$423,301,616 00 

339,918,012 00 

8763,219,628 00 

379,039,525 00 

$384,180,103 00 

89,999,805 00 



Premiums. 

$4,175,308 16 
3,310,244 28 

$7,485,552 44 
3,815,068 73 

$3,670,483 71 
758,527 75 



$294,180,298 00 $2,911,955 96 



Miscellaneous. 
Fire losses incurred during the year, 



. $1,151,065 00 



UNITED STATES BRANCH OF THE "PRUSSIAN NATIONAL 
INSURANCE COMPANY," STETTIN, GERMANY. 

Deposit Capital, $200,000. 
THEODORE W. LETTON, Resident Manager. 

Office, Chicago, 111. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value 

United States bonds, $200,000 00 $227,000 00 

Baltimore & Ohio Railroad bonds, . . . 30,000 00 33,900 00 

Beech Creek Railway bonds, . * . . . 30,000 00 31,275 00 

Chesapeake & Ohio Railroad bonds, . . 10,000 00 9,987 50 

Chicago, Milwaukee & St. Paul Railroad, . 30,000 00 34,200 00 

East Tennessee,Virginia & Georgia R.R. bonds, 9,000 00 9,990 00 

Erie Railway bonds, . . . . . . 10,000 00 13,100 00 

Illinois Central Railroad bonds, . . . 8,000 00 8,160 00 

Lake Erie & Western Railroad bonds, . . 14,000 00 16,275 00 

Lehigh Valley Railroad bonds, . . . 29,000 00 30,196 25 

Louisville & Nashville Railroad bonds, . . 31,000 00 36,000 00 

Memphis & Charleston Railroad bonds, . . 10,000 00 11,100 00 

Metropolitan Elevated Railway bonds, . . 12,000 00 14,925 00 

Montana Central Railroad bonds, . . . 11,000 00 12,540 00 

Milwaukee, Lake Shore & Western R R. bonds, 11 ,000 00 14,410 00 

New York, Chicago & St. Louis R.R. bonds, . 30,000 00 30,150 00 

Rochester & Pittsburgh Railroad bonds, . . 14,000 00 17,500 00 

St. Paul, Minneapolis & Manitoba R.R. bonds, 5,000 00 5,950 00 

St. Paul & Sioux City Railroad bonds, . . 26,000 00 33,540 00 

Union Elevated Railway bonds, . . . 30,000 00 25,800 00 

Valley of Ohio bonds, 30,000 00 15,000 00 



$580,000 00 $630,998 75 



396 



PRUSSIAN NATIONAL INSURANCE CO. 



Summary of Assets Dec. 31, 1894. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Reinsurance, 

Gross assets, 



Cash not in control of trustees, 



Unadmitted. 



Balance, 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding 
Commissions and brokerage, 
Return premiums, 
Reinsurance, .... 

Gross liabilities, except capital, 

Surplus as regards policy-holders, 
Deposit capital, . 



Liabilities. 



risks, 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Cash marine premiums received, 

Interest and dividends received from all sources, 



$030,998 75 

31 87 

25,973 37 

12,082 34 

107,826 57 

7 75 



$34,289 82 

37,206 25 

7,680 00 

$79,176 07 
5,708 56 

$73,407 51 

312,680 94 

15,875 81 

6,211 65 

9,928 19 



$114,258 18 
656,461 10 

$770,719 28 
105,219 55 

$665,499 73 
181,202 59 



$776,920 65 



2,798 61 
$774,12_ 



418,164 10 

$355,957 94 
200,000 00 

$155,957 



,,297 14 

653 04 

24,936 00 



Gross cash income, $509,886 IS 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 
Net cash paid for fire losses, , 



8313,882 58 
23,984 45 



.898 13 



THE RELIANCE MARINE INSURANCE CO. (LIMITED). 397 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for rents and incidentals, 



$107,612 48 

43,551 11 

12,323 18 

30,638 43 



Gross cash expenditures, $484,023 33 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . . , 
Deduct amount reinsured, 

Net amount in force, . . „ 

Marine risks written during 1894, . 
Deduct risks expired and terminated, 

Net amount in force, . 



Miscellaneous 
Fire losses incurred during the year, 



.$35,568,257 00 
. 47,036,613 00 


Premiums. 

$487,065 05 
656,461 10 


.$82,604,870 00 $1,143,526 15 
. 37,738,616 00 520,258 67 


. $44,866,254 00 
. 2,268,759 00 


$623,267 48 
39,164 92 


. $42,597,495 00 

. $124,189 00 
114,739 00 


$584,102 56 

$653 04 
464 17 



»,450 00 



$188 87 



$304,216 00 



UNITED STATES BRANCH OF "THE RELIANCE MARINE IN- 
SURANCE COMPANY (LIMITED), 1 ' LIVERPOOL. 

Deposit Capital, $300,000. 
HENRY DESPARD, Resident Manager. 

Office, New York, N. T. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, ..... $25,000 00 



New York city bonds, 
Brooklyn city bonds, 
Boston city bonds, 
Old Colony Railroad bonds, 



200,000 00 
50,000 00 
30,000 00 
15,000 00 



Market Value. 

$28,312 50 

203,500 00 

53,750 00 

30,150 00 

15,825 00 



$320,000 00 $331,537 50 



Summary op Assets Dec. 31, 1894. 
Stocks and bonds, as per schedule, . . , $331,537 50. 

Cash deposited in bank, 6,583 33 

Interest due and accrued, . , , . . 3,231 25 



398 THE RELIANCE MARINE INSURANCE CO. (LIMITED) 



Premiums in course of collection (gross), . $29,125 G6 

Notes taken for marine and inland risks, . 8,086 20 

Reinsurance, 679 66 

Premiums more than 3 months due, $31 20 

Gross assets, 



$379,743 60 



Unadmitted. 

Bills receivable, $8,086 20 

Cash not in control of trustees, . . . 6,583 33 

Premiums in course of collection, fn excess of 

unearned premiums, 128 25 



15,20 



Balance $364,445 82 



Liabilities. 

Losses adjusted, unpaid, . .... £3,726 14 

claimed and reported, .... 13,886 37 

disputed or resisted, .... 48,800 00 

Total amount of losses, $66,412 51 

Less reinsurance, 45,899 18 

Net amount of unpaid losses, . . . $20,513 33 

Unearned premiums on outstanding risks, . 28,997 41 

Due and accrued for rent, salaries, etc., . . 383 33 

Commissions and brokerage, .... 899 11 

Reinsurance, 1,511 88 

Reinsurance disallowed, 13,000 00 

Gross liabilities, except capital, . . 

Surplus as regards policy-holders, 

Deposit capital, 

Impairment of capital, 

Income. 

Marine premiums outstanding Dec. 31, 1893, . $39,091 81 
Premiums on risks written or renewed, . . 206,693 60 

1 

Total, $245,785 41 

Premiums now in course of collection, . . 37,743 06 

Entire premiums collected, .... $208,042 35 
Less reinsurance and return premiums, . . 47,591 73 

Net cash marine premiums received, . . 

Interest and dividends received from all sources, . 

Income from all other sources, 



65,305 06 

?299,140 76 
300,000 00 

$859 24 



$160,450 62 

10. : W 

133 90 



Gross cash income, $170,905 10 



ROYAL INSURANCE CO. 



399 



Expenditures. 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$94,737 37 
24,873 95 



Gross cash expenditures, .... 

Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, . 
Marine risks written during 1894, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . ... 
Deduct amount reinsured, 

Net amount in force, 



$911,390 00 
26,503,956 00 

$27,415,346 00 
25,706,215 00 

$1,709,131 00 
148,965 00 



$69,863 42 

19,745 66 

8,480 84 

2,046 52 

10,685 89 

$110,822 33 



Premiums. 

$32,608 39 
206,693 60 

$239,301 99 
196,323 54 

$42,978 45 
4,985 05 



. $1,560,166 00 $37,993 40 



Miscellaneous. 
Marine and inland losses incurred during the year, 



$82,806 00 



UNITED STATES BRANCH OF THE " ROYAL INSURANCE 
COMPANY," LIVERPOOL, ENGLAND. 

Office, 85 Water Street, Boston. 
Deposit Capital, $200,000. 
SCULL & FIELD, Managers of the New England Branch. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $560,000 00 $632,800 00 

Albany & Susquehanna Railroad bonds, . . 100,000 00 119,000 00 

Brooklyn & Montauk Railroad bonds, . . ' 25,000 00 27,500 00 

Central Railroad of New Jersey bonds, . . 200,000 00 230,000 00 

Chicago, Burlington & Quinc? R.R. bon'ds, . 50,000 00 62,000 00 

Chicago, Milwaukee & St. Paul R.R bonds, . 62,000 00 81,220 00 

Chicago & Northwestern Railroad bonds, . 100,000 00 143,000 00 

Chicago, Rock Island & Pacific R.R. bonds, ' . 100,000 00 132,000 00 

Cin., Ind., St. Louis & Chicago R.R. bonds, . 100,000 00 96,000 00 

Cleveland & Pittsburgh Railroad bonds,. . 100,000 00 110,000 00 



400 



ROYAL INSURANCE CO. 



Delaware & Hudson Canal bonds, . 
Illinois Central Railroad bonds, 
Lake Erie & Western Railroad bonds, 
Lehigh Valley Railroad bonds, 
Michigan Central Railroad bonds, . 
Milwaukee & St. Paul Railroad bonds, 
Morris & Essex Railroad bonds, 
N. Y. Central & Hudson River R R. bonds, 
New York, Chicago & St. Louis R.R. bonds, 
New York & Harlem Railroad bonds, 
N. Y., Lackawanna & Western R.R. bonds, 
Pennsylvania Railroad bonds, . 
Pittsburgh, Fort Wayne & Chic. R.R. bonds, 
Philadelphia & Reading Railroad bonds, 
Rome, Watertown & Ogdensburg R.R. bonds 
St. Paul, Minneapolis & Manitoba R.R. bonds 
Syracuse, Binghamton & N. Y. R.R. bonds, 
United New Jersey Railroad Canal Co. bonds 
West Shore Railroad bonds, 
Winona & St. Peter Railroad bonds, . 



Par Value. 

$40,000 00 
100,000 00 

30,000 00 
250,000 00 
170,000 00 
100,000 00 

16,000 00 
100,000 00 
100,000 00 
110,000 00 
100,000 00 
5,000 00 

14,000 00 
100,000 00 

25,000 00 

75,000 00 

50,000 00 
300,000 00 
100,000 00 

38,000 00 



Market Value, 

$58,400 (30 
110,000 00 

34,500 00 
248,500 00 
185,980 00 
127,000 00 

22,880 00 
127,000 00 
102,500 00 
129,800 00 
136,000 00 
6,700 00 

20,020 00 
106,000 00 

29,750 00 

88,500 00 

66,000 00 
333,000 00 
106,500 00 

50,160 00 



$3,220,000 00 $3,722,710 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, . 

Loans on mortgage of real estate (first liens*) 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, 

Premiums in course of collection (gross), 

Notes taken for marine and inland risks, 

Rents due and accrued, .... 

Reinsurance, 

Perpetual insurance deposit, , 
Premiums more than 3 months due, $12,252 25 
Gross assets, ...... 



31, 1894. 

$1,818,200 10 

311,000 00 

1,976 65 

3,722,710 00 

16,222 25 

586,044 75 

5,646 36 

669,158 64 

2,039 87 

14,985 43 

2,264 97 

8,510 21 



£7,158,759 23 



Unadmitted. 



Real estate, , 

Special deposits, 

Cash not in control of trustees, 



$127,043 86 
254,250 00 
113,482 84 



494,776 70 



Balance, 



* Total value of property mortgaged, . 
Amount of insurance held as collateral, 



$6,663,982 53 



$5S0,OOO 00 
314,000 00 



ROYAL INSURANCE CO. 



401 



Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, . 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Liability under life department, 
Due and accrued for rent, salaries, etc., . 
State and local taxes, .... 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, . 



$38,147 08 

666,455 92 

79,167 73 

$783,770 73 
•186,153 65 

$597,617 08 

4,179,818 47 

211,834 98 

114,000 00 

7,731 88 

18,574 78 

122,326 84 

19,473 92 

142,080 84 

19,505 66 

$5,432,964 45 
211,341 77 



$5,221,622 68 



. $1,442,359 85 
200,000 00 



Surplus over capital, $1,242,359 85 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, . . 

Income from all other sources, 

Deposits received for perpetual fire risks, 



Gross cash income, 



$748,839 41 
6,619,938 56 

$7,368,777 97 
683,450 76 

$6,685,327 21 
1,691,410 12 



sources, . 



$4,993,917 09 

12,147 51 

166,881 78 

60,388 70 

46 00 



$61,568 42 



$5,233,381 08 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 



$3,433,641 88 
476,546 20 



$2,957,095 68 



402 



THE ROYAL EXCHANGE ASSURANCE. 



Cash paid for commissions and brokerage, .... $852,300 18 

for salaries of officers and employees, . . . 336,344 53 

for State and local tax 112,09- 

for incidentals, 234,442 00 

Deposits returned on perpetual fire risks, . $16,595 03 

Gross cash expenditures, $4,492,279 17 

Risks and Premiums. 



Fire risks outstanding; Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 
Perpetual fire risks in force (not included 
above), 



Premiums. 

$790,544,171 CO $7,712,109 68 
704,510,436 00 6,619,93- 



$1,495,054,607 00 $14,332,048 24 
620,050,547 00 5,646,963 41 



$875,004,060 00 $8,685,084 83 
79.: 00 -,331 37 



$795,795,530 00 $8,106,753 46 
$8,614,966 00 $8,692 86 



Miscellaneous. 
Fire losses incurred during the year, 



. $2,996,893 00 



united states branch of " the royal exchange 
assurance; 1 london, England. 

Deposit Capital, $200,000. 
ROBERT DICKSON, Resident Manager. 

Office, San Francisco, Cal. 
Detailed Statement of Stocks and Bonds. 



United States bonds, . 
Boston city bonds, 



Par Value. Market Value. 

. $267,600 00 ?305,064 00 
'22.000 00 24,860 00 



$289,600 00 $329,924 00 



Summary of Assets Dec. 31, 1894. 
Stocks and bonds, as per schedule, . . . $329,924 00 



Cash in the office of the company, . 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, ..... 



100 44 

76 00 

43,492 50 



^376,192 94 



THE KOYAL EXCHANGE ASSURANCE. 



403 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



$57,000 00 
100 44 



$57,100 44 



Balance, $319,092 50 



Liabilities. 

Losses claimed and reported, . 
Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance, 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 



Surplus as regards policy-holders, . 
Deposit capital, .... 

Impairment of capital, 



$15,823 89 
5,847 00 

$9,976 89 

118,959 33 

9,498 95 

1,886 58 

J 140,321 75 
19,390 00 



120,931 75 

$198,160 75 

200,000 00 

$1,839 25 



Income. 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . . ■ 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 



$44,352 50 
202,541 23 

$246,893 73 
43,492 50 

$203,401 23 
46,942 69 



$156,458 54 
11,584 00 



Gross cash income, $168,042 54 

Expenditures. 

Cash paid for fire losses, $52,094 17 

Deduct salvage and reinsurance, . . . 6,092 46 

Net cash paid for fire losses, .... $46,001 71 

Cash paid for commissions and brokerage, .... 41,968 32 
for salaries of officers and employees, . . . 12,933 00 

for State and local taxes, 2,649 26 

for incidentals, 15,028 24 

Remitted to home office, $55,440 25 

Gross cash expenditures, $118,580 53 



404 



SCOTTISH UNION AND NATIONAL INSURANCE CO. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 

$13,565,272 00 $224,707 43 
12,819,135 00 202,541 23 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, . 

Net amount in force, . , 



Miscellaneous 
Fire losses incurred during the year, 



126,384,407 00 $427,248 66 
10,959,859 00 182,250 39 



$15,424,548 00 $244,998 27 
963,120 00 16,514 47 



$14,461,428 00 $228,483 80 
. $51,914 00 



UNITED STATES BRANCH OF THE "SCOTTISH UNION AND 
NATIONAL INSURANCE CO.," EDINBURGH, GREAT BRITAIN. 

Deposit Capital, $200,000. 
M. BENNETT, Manager. 

Office, Hartford, Conn. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, $50,000 uO 

County of Middlesex debentures, . . . 50,000 00 

City of Toronto bonds, 1,500 00 

Ontario Railway bonds, 51,912 00 

Canada inscribed stock 100,000 00 

City of Richmond bonds, 52,500 00 

Georgia State bonds, 25,000 00 

Freehold Loan and Savings Co. debenture, . 25,000 00 

New York City bonds, 200,000 00 

Land Security Company debenture, . . 25,o00 00 

Central Canada Loan & Savings Co. debenture, 25,000 00 

Chicago, Milwaukee & St. Paul R.R. bonds, . 50,000 00 

Pitts., Cin., Chic. & St. Louis Railroad bonds, 25,000 00 

Cleve., Cin., Chic. & St. Louis Railroad bonds, 30,000 00 

Boston & Maine Railroad bonds, . . . 50,000 00 

Central Railroad of New Jersey bonds, . . 50,000 00 

Maine Central Railroad bonds, . . . 40,000 00 

Baltimore & Ohio Railroad bonds, . . . 26,000 00 

City of Toledo, Ohio, bonds, .... 50,000 00 

County of Milwaukee, Wis., bonds, . . . 35,000 00 

County of Lucas, Ohio, Court House bonds, . 100,000 00 



Market Value. 

$57,000 00 

50,710 00 

1,500 00 

44,022 98 

109,000 00 
52,500 00 
25,000 00 
25,C00 00 

202,000 00 
25,000 00 
25,000 00 
44,750 00 
25,281 25 
25,087 50 
56,125 00 
57,125 00 
40,500 00 
29,835 00 
52,875 00 
38,600 00 

101,000 00 



$1,061,912 00 $1,087,911 73 



SCOTTISH UNION AND NATIONAL INSURANCE CO. 



405 



Summary of Assets Dec 

Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 
Reinsurance, ...... 

Gross assets, 

Unadmitted. 
Special deposits in other States, 
Securities not in control of trustees, 
Cash not in control of trustees, 



31, 1894. 

$1,393,616 42 

25,214 93 

1,087,911 73 

314 04 

182,564 40 

8,149 29 

197,721 99 

573 70 



$344,500 00 

3,528 40 

32,878 44 



$2,896,066 50 



380,906 84 



Balance, $2,515,159 66 



$56,174 

116,368 

20,699 

1,155,062 

24,347 

70,622 



11,443,272 
241,867 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance, ...... 

Gross liabilities, except capital, 

Deduct liability on special deposits, 

♦ 

Surplus as regards policy-holders, . 
Deposit capital, 

Surplus over capital, 

Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



00 
00 
00 
35 
40 
12 



87 
25 



- 1,201,405 62 

. $1,313,754 04 

200,000 00 

. $1,113,754 04 



$266,877 
2,656,126 



24 
00 



$2,923,003 
197,721 



24 

99 



$2,725,281 
1,285,013 



25 

37 



- $1,440,267 88 
67,150 04 
30,719 04 

. $1,538,136 96 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, . 



$1,678,106 00 
1,795,') 14 00 
1,513,425 00 



406 



SUN INSURANCE OFFICE. 



Expenditures. 

Cash paid for fire losses, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



Gross cash expenditures, 



?745,270 99 

S 24 

71,295 37 

39,742 41 

85,521 83 

$1,180,633 84 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total, 

Deduct risks expired and terminated, . 

In force at end of year, .... 
Deduct amount reinsured, . . . 

Net amount in force, 



$247,573,344 00 
250,137,872 00 



$497,711,216 00 
218,569,178 00 

$279,142,038 00 
55,259,990 00 



Premiums. 

$2,420,855 03 
2,056,126 00 

$5,076,981 03 
2,307,807 68 

$2,769,173 35 
0,866 07 



$223,882,048 00 $2,193,307 28 



Miscellaneous. 
Fire losses incurred during the year, 



?754,336 00 



UNITED STATES BRANCH OF THE "SUN INSURANCE OFFICE," 

LONDON, ENGLAND. 

Deposit Capital, $200,000. 
J. J. GUILE, Resident Manager. 

Office, Neiv York, N. T. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, f 504,000 00 $563,520 00 

Savannah & Western Railroad bonds, . . 25,000 00 13,750 00 

Central Railroad of New Jersey bonds, . . 25,000 00 28,000 00 

St. Paul & Lake Superior Railroad bonds, . 15,000 00 15,375 00 

Minn., Sault Ste Marie & Atlantic R.R. bonds, 25,000 00 24,500 00 

Baltimore & Ohio Railroad bonds, . . . 25,000 00 25,750 00 

Clev , Cin., Chicago & St. Louis R.R. bonds, . 25,000 00 23,250 00 

Louisville & Nashville Railroad bonds, . . 24,000 00 27.960 00 

Norfolk & Western Railroad bonds, . . 20,000 00 22,000 00 

Atchison, Topeka & Santa Fe R.R. bonds, . 25,000 00 15,750 00 

New York, Chicago & St. Louis R.R. bonds, . 50,000 00 51,250 00 

Rio Grande Junction Railroad bonds, . . 25,000 00 25,000 00 

Cincinnati, Hamilton & Dayton R.R. bonds, . 50,000 00 - 51,000 00 



SUN INSURANCE OFFICE. 



407 



Lehigh Valley Terminal bonds, 
Terminal of St. Louis Railroad bonds, 
Dakota & Great Southern Railroad bonds, 
Milwaukee, Lake Shore & Western R.R. bonds, 
N. Y., Lake Erie & Western Railroad bonds, 
Pittsburgh, Fort Wayne & Chicago stock, 
Atchison mortgage notes, 
West End Street Railway Company bonds, 
St. Louis bridge bonds, .... 
Underwriters' Salvage Company stock, . 



Tar Value. 

$50,000 00 
25,000 00 
25,000 00 
25,000 00 
50,000 00 
30,000 00 
50,000 00 
50,000 00 
25,000 00 
1,000 00 



Market Value. 

$51,625 00 
25,125 00 
26,312 50 

28,000 00 
65,500 00 
45,000 00 
50,000 00 
52,312 50 
36,750 00 
1,000 00 



$1,169,000 00 $1,271,730 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Reinsurance, 

Gross assets, 



31, 1894. 

$240,000 00 

422,000 00 

10,902 50 

1,271,730 00 

504 24 

144,378 81 

25,068 96 

317,012 10 

1,366 67 

171 83 



1,433,165 11 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



Balance, 



$206,350 00 
70,406 07 



276,756 07 
. $2,156,109 01 



Liabilities. 

Losses adjusted, unpaid, $82,615 05 

claimed and reported, .... 129,12602 
disputed or resisted, .... 15,881 00 

Total amount of losses, $227,925 07 

Less reinsurance, 13,017 20 

Net amount of unpaid losses, .... $211,877 87 

Unearned premiums on outstanding risks, . 1,134,691 72 

Due and accrued for rent, salaries, etc., . . 950 00 

Commissions and brokerage, .... 51,576 18 

* Value of lands mortgaged, $422,500 00 

Value of buildings thereon 295,500 00 

Amount of insurance held as collateral, .... 226,000 00 



408 



SUN INSURANCE OFFICE. 



Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, 



Surplus over capital, . 

Income. 
Fire premiums outstanding Dec. 31, 1894, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



Expenditures. 
Cash paid for fire losses, $1,199,819 11 

Deduct salvage and reinsurance, . . . 55,766 24 

Net cash paid for fire losses, . 

Cash paid for commissions and brokerage, 

for salaries of. officers and employees, 

for State and local taxes, 

for incidentals, 



$10,956 60 
176 82 

,713,232 19 
165,607 74 



$1,547,624 45 

$608,784 59 
200,000 00 

$408,784 59 



$279,091 36 
379 49 

$278,711 87 
2,169,913 12 

$2,448,624 99 
317,042 10 

$2,131,582 81) 
558,543 24 



sources, 



Gross cash expenditures, . 

Risks and Premiums. 



$1,573,039 65 
19,516 68 
58,679 15 
10,295 58 

$1,661,531 06 



$1,144,052 87 

286,293 10 

77.904 61 

40,395 27 

141,891 " 

$1,690,537 55 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 

Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



,$305,423,377 00 
201,739,682 00 

$507,163,059 00 
206,076,002 00 

$301,087,057 00 
9,818,430 00 



Premiums. 

$3,< '98,595 30 
2,169,913 12 

$5,268,508 42 
2,307.624 24 

$2,960,884 18 
100,151 59 



$291,268,627 00 $2,860,732 59 



Miscellaneous. 
Fire losses incurred during the year, 



$1,024,718 00 



THAMES AND MERSEY MARINE INSURANCE CO. 



409 



UNITED STATES BRANCH OF THE "THAMES AND MERSEY 
MARINE INSURANCE COMPANY," LIVERPOOL, ENGLAND. 

Deposit Capital, $300,000. 
A. J. MACDONALD, Manager. 

Office, New York, N. Y. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

$375,000 00 $426,562 50 
80,000 00 97,600 00 



United States bonds, 

Chicago & Northwestern Railway Company, . 



$455,000 00 $524,162 50 



Summary of Assets Dec. 31, 1894. 

Stocks and bonds, as per schedule, . . . $524,162 50 

Cash in the office of the company," . . . 1,475 95 

Cash deposited in bank, 26,841 94 

Premiums in course of collection (gross), . 31,452 04 

Reinsurance, 185 52 

Premiums more than 3 months due, . $589 16 

Gross assets, 

Unadmitted. 

Special deposits in other States, . . . $85,312 50 

Cash not in control of trustees, . . . 28,317 89 
Premiums in course of collection, in excess of 

unearned premiums, 3,596 29 



$584,117 95 



117,226 68 



Balance, $466,891 27 



Liabilities. 
Losses claimed and reported, . 

Losses disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance, . . ... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Deposit capital, 



Surplus over capital,. 



$22,444 00 
25,263 00 

$47,707 00 
10,670 00 

$37,037 00 

27,855 75 

1,239 20 

5,276 27 

60 00 



71,468 22 

$395,423 05 
300,000 00 



$95,423 05 



410 THAMES AND MERSEY MARINE INSURANCE CO. 

Income. 

Marine premiums outstanding Dec. 31, 1893, . $30,898 98 
Same not collected, 1,012 31 



Net collected, $29,886 67 

Premiums on risks written or renewed, . . 276,820 47 



Total $306,707 14 

Premiums now in course of collection, . . 32,041 20 



Entire premiums collected, .... $274,665 94 
Less reinsurance and return premiums, . . 36,920 77 

Net cash marine premiums received, . . $237,739 17 

Interest and dividends received from all sources, . . . 15,000 00 

Income from profit and loss account, 469 98 



Gross cash income, £253,209 15 

Expenditures. 

Cash paid for marine and inland losses, . . $151,516 95 
Deduct salvage and reinsurance, . . . 35,322 31 

Net cash paid for marine and inland losses, . $116,194 64 

Cash j)aid for commissions and brokerage, .... 15,129 83 

for salaries of officers and employees, . . . 20,325 78 

for State and local taxes, 6,177 79 

for rent and incidentals, 15,535 81 

Remitted to home office, $64,744 54 



Gross cash expenditures, $173,363 85 

Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



Premiums. 

. £2,018,542 00 $24,707 00 
. 56,607,502 00 276,820 47 



.858,626,044 00 £301,527 47 
. 55,367,431 00 ,722 47 



. $3,258,613 00 £30,805 00 
271,211 00 2,949 25 



Net amount in force, $2,987,402 00 £27,855 75 

Miscellaneous. 

-Marine and inland losses incurred during the year, . . $135,492 00 



UNION MARINE INSURANCE CO. (LIMITED). 



411 



UNITED STATES BRANCH OF THE "UNION MARINE INSUR- 
ANCE COMPANY (LIMITED), 1 ' LIVERPOOL, ENGLAND. 

Deposit Capital, $300,000. 

JONES & WHITLOCK, Attorneys. 

Office, New York, N. Y. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

New York city bonds $200,000 00 $206,500 00 

Eastern Railroad bonds 68,445 35 83,043 87 

Boston & Lowell Railroad bonds, . . . 14,000 00 14,268 75 

Boston & Albany Railroad bonds, . . . 4,000 00 4,050 00 

Boston & Maine Railroad bonds, . . . 7,000 00 7,945 00 

Old Colony Railroad bonds, .... 7,000 00 7,186 25 

United States bonds, 100,000 00 117,000 00 

Atchison, Topeka & Santa F§ Railroad bonds, 55,500 00 35,000 00 

Pennsylvania Railroad bonds 25,000 00 29,600 00 

Ohio & Mississippi Railroad bonds, . . . 14,000 00 14,000 00 

Baltimore & Potomac Railroad bonds, . . 3,000 00 3,600 00 

Detroit,Grand Haven & Milwaukee R.R. bonds, 1,000 00 1,000 00 

Eastern Railroad bonds, 5,000 00 6,015 00 

$503,945 35 $529,208 87 



Summary of Assets Dec. 


31, 1894. 


Stocks and bonds, as per schedule, . 


$529,208 87 


Cash deposited in bank, 


4,428 20 


Premiums in course of collection (gross), 


22,162 83 


Notes taken for marine and inland risks, 


1,575 92 


Reinsurance, 


1,713 51 


Premiums more than 3 months due, $142 40 




Gross assets, 

Unadmitted. 






Special deposits, 


$117,000 00 


Bills receivable, 


1,575 92 


Cash not in control of trustees, 


4,428 20 






Liabilities. 




Losses adjusted, unpaid, 


$25,049 40 


Losses disputed or resisted, .... 


3,000 00 


Total amount of losses, 


$28,049 40 


Less reinsurance, 


2,578 30 


Net amount of unpaid losses, .... 


$25,471 10 


Unearned premiums on outstanding risks, 


29,072 55 


Due and accrued for rent, salaries, etc., . , 


1,028 73 



$559,089 33 



123,004 12 
$436,085 21 



412 UNION MARINE INSURANCE CO. (LIMITED). 

Commissions and brokerage, .... $2,045 43 

Salvage due, 90 12 

Reinsurance 7,317 19 

Gross liabilities, except capital, . . $65,025 12 



Surplus as regards policy-holders, $371,060 09 

Deposit capital, 300.C00 00 



Surplus over capital, $71,060 09 

Income. 
Marine premiums outstanding Dec. 31, 1893, . $35,194 64 
Same not collected, 18 75 



Net collected, £35,175 89 

Premiums on risks written or renewed, . . 294,327 90 



Total, $329,503 79 

Premiums now in course of collection, . . 22,305 25 



Entire premiums collected, .... $307,198 54 
Less reinsurance and return premiums, . . 6,396 09 

Net cash marine premiums received, . . $300,802 45 

Interest and dividends received from all sources, . . . 14,312 03 

Income from rents, . . . 3,038 15 

Remittances from home office, . . . . $14,178 09 



Gross cash income, $318,152 63 

Expenditures. 
Cash paid for marine and inland losses, . . $167,055 20 
Deduct salvage and reinsurance, . . . 55,082 44 

Net cash paid for marine and inland losses, . f 111,972 76 

Cash paid for commissions and brokerage, .... 28.278 16 
for salaries of officers and employees, . . . 5,9 

for State and local taxes, 5,555 05 

for incidentals, 10,204 45 

Remitted to home office, §163,904 88 



Gross cash expenditures, £ 16 1,941 19 

Risks and Premiums. 



Marine risks outstanding Dec. 31, 1893, 
Marine risks written during 1894, . 

Total 

Deduct risks expired and terminated, 

In force at end of year, ... 
Deduct amount reinsured, 

Net amount in force, . 



Premiums. 

. $3,583,500 00 $30,376 18 
. 70,232,787 00 294,327 90 



.$73,816,287 00 £324,704 08 
. 70,729,048 00 286,727 81 



. $3,087,239 00 $37,976 27 
102,303 00 2,065 09 



$2,984,936 00 $35,911 18 



Miscellaneous. 
Marine and inland losses incurred during the year (estimated), $107,345 00 



UNION SOCIETY. 



413 



UNITED STATES BRANCH OF THE " UNION SOCIETY," 

LONDON, ENG. 

Deposit Capital, $200,000. 
HALL & HEN8HAW, Resident Managers. 

Office, New York City. 



Detailed Statement of 



United States bonds, . 
Massachusetts State bonds, 
Boston city bonds, . 

New York city bonds and stock, 
Portland (Oregon) city bonds, 
Beech Creek Railroad bonds, . 
West Shore Railroad bonds, 
Broadway & 7th Avenue R.R. bonds 
Brooklyn City R.R. bonds, 
Maine Central R.R. bonds, 



Stocks and Bonds. 

Par Value. 

$300,000 00 
50,000 00 
50,000 00 
196,000 00 
50,000 00 
25,000 00 
55,000 00 
25,000 00 
20,000 00 
25,000 00 



Market Value. 

$342,000 00 
50,500 00 
57,625 00 
197,295 00 
56,000 00 
26,500 00 
57,475 00 
27,625 00 
23,150 00 
25,562 50 



Summary of Assets Dec 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Unadmitted. 
Special deposits in other States, 

Cash not in control of trustees, 

Balance, 

Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
State and local taxes, 
Commissions and brokerage, . 
Reinsurance, . . * . . 



Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, , 



Surplus over capital, 



$796,000 00 $863,732 50 

31, 1894. 

$863,732 50 

74 33 

31,852 00 

103 07 

116,354 42 

$1,012,116 32 



$170,000 00 
32,029 40 



202,029 40 
$810,086 92 



$49,108 25 

57,944 40 

7,800 00 

389,847 40 

850 01 

22,532 88 

36 00 

$528,118 9-4 
43,151 11 



484,967 83 

$325,119 09 
200,000 00 

$125,119 09 



414 



WESTERN ASSURANCE CO. 



Income. 
Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



$67,205 23 
857,784 37 



Total, $924,989 60 

Premiums now in course of collection, . . 116,354 42 



Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 



$808,635 18 
156,165 42 



$652,469 76 
25,978 



Gross cash income, $678,448 05 



Expenditures. 
Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$275,583 43 
1,412 23 



Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



$35,258,101 00 

72,315,234 00 

$107,573,335 00 

50,520,702 00 



$274,171 20 

167,393 16 

3,916 60 

10,803 11 

17,106 66 

$473,390 73 

Premiums. 
6470,457 25 
857,784 37 

$1,334,241 62 
575,176 24 



$57,052,633 00 
554,475 00 



$759,065 38 
8,996 74 



Net amount in force, .... 

Miscellaneous. 
Fire losses incurred during the year, 



$56,498,158 00 $750,068 64 



$338,297 00 



UNITED STATES BRANCH OF THE " WESTERN ASSURANCE 
COMPANY," TORONTO, CANADA. 

Deposit Capital, $300,000. 

t 
FREDERICK B. CARPENTER, X. E. Manager. 

Office, 13 Central Street, Boston. 
Detailed Statement of Stocks and Bonds. 



United States bonds, . 

City of Columbus, Ohio, bonds, 

City of Toledo, Ohio, bonds, . 



Par Value. Market Value 

$341,000 00 $386,182 50 

50,000 00 52,750 00 

50,000 00 51,125 00 



WESTERN ASSURANCE CO. 



415 



Georgia State bonds, .... 

City of Richmond, Va., bonds, . 
Dominion of Canada stock, 
Canadian Bank of Commerce stock, 
Imperial Loan & Investment Co. stock, . 
Dominion Savings & Investment Co. stock, 
Canada Permanent Loan%; Savings Co. stock 
Freehold Loan & Savings Co. stock, 
Toronto Loan & Savings Co. stock, . 
Central Canada Loan & Savings Co. stock, 
Central Can. Loan & Savings Co. debentures, 
City of London, Ont., debentures, . 
City of Montreal, Que., debentures, 
City of Toronto, Ont., debentures, . 
City of Kingston, Ont, debentures, . 
City of Winnipeg, Man., debentures, 
City of Portland, Ore., bonds, . 



Summary of Assets Dec. 
Loans on mortgage of real estate (first liens*), 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, ..... 



Par Value. 

$25,000 00 
42,000 00 

151,350 00 
50,000 00 
25,000 00 
15,000 00 
3,500 00 
9,500 00 
22,500 00 
20,000 00 
25,000 00 
40,000 00 
46,000 00 
60,000 00 
21,300 00 
24,000 00 
50,000 00 



Market Value. 

$26,250 00 
42,000 00 

158,160 75 
69,000 00 
28,000 00 
11,250 00 
5,775 00 
11,730 00 
25,000 00 
24,000 00 
25,000 00 
40,000 00 
46,000 00 
60,000 00 
23,110 50 
25,440 00 
56,000 00 



Special deposits in other States, 
Cash not in control of trustees, 



Unadmitted. 



Balance, 



Losses adjusted and reported, 
Losses disputed or resisted, 



Liabilities. 



Total amount of losses, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy-holders, . 
Deposit capital, 



$1,071,150 00 $1,166,773 75 

31, 1894. 

$20,000 00 

1,166,773 75 

26 81 

119,726 21 

284,478 12 

50,996 91 

$1,642,001 80 



$225,725 00 
3,102 07 



228,827 07 
,413,174 73 



$172,895 34 
22,336 00 

$195,231 34 

856,872 22 

37,105 84 

H,089,209 40 
135,225 16 



953,984 24 



$459,190 49 
300,000 00 



Surplus over capital, 



$159,190 49 



* Total value of property mortgaged, 
Amount of iusurauce held as collateral, 



$43,500 00 
13,200 00 



416 



WESTERN ASSURANCE CO. 



Income. . 

Fire premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, . . . 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Marine premiums outstanding Dec. 31, 1893, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest and dividends received from all sources, 



$237,314 83 
1,818,947 91 

$2,056,262 74 
276,269 72 

w 

$1,779,993 02 
505,706 41 

$93,903 05 
460,168 84 

$554,071 89 
59,205 31 

$494,866 58 
101,019 84 



$1,274,286 61 



393,846 74 
47,713 68 



Gross cash income, $1,715,847 03 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . - 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$978,803 09 
156,095 85 

$298,272 88 
28,646 21 



$822,707 24 



- 269,626 67 

319,292 33 

33,600 00 

42,353 55 

152,711 77 

. $1,640,291 56 



Fire risks outstanding Dec. 31, 1893, 
Fire risks written during 1894, . 



Risks and Premiums. 

Premiums. 

$134,576,752 00 £1,800,386 23 
132,226,754 00 1,818,947 91 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . . , 
Deduct amount reinsured, . . . 



$266,803,506 00 $3,619,334 14 
144,869,809 00 1,964,376 10 



$121,933,697 00 $1,654,958 04 
4,119,335 00 39,341 23 



Net amount in force, . 



$117,814,362 00 $1,615,616 81 



WESTERN ASSURANCE CO. 417 

Premiums. 

Marine risks outstanding Dec. 31, 1893, . $9,120,299 00 $154,071 11 

Marine risks written during 1894, . . 52,098,243 00 460,168 84 



Total, $61,218,542 00 $614,239 95 

Deduct risks expired and terminated, . 52,484,218 00 498,256 20 



In force at end of year, .... $8,734,32400 $115,98375 

Deduct amount reinsured, .... 2,003,971 00 40,529 78 



Net amount in force, .... $ 6,730,353 00 $75,453 97 

Miscellaneous. 

Fire losses incurred during the year, $801,619 00 

Marine and inland losses incurred during the year, . . 257,694 00 



AGGREGATE. 



Deposit capital, 

Gross j)resent assets,* 

Gross present liabilities,! 

INCOME. 

Net cash received for fire premiums, . 

Net cash received for marine and inland premiums, 

Interest received from all sources, 

Total income, 

Expenditures. 
Net cash paid for fire losses, .... 
Net cash paid for marine and inland losses, 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for all other items, .... 



Total expenditures, .... 

Risks and Premiums. 
Fire risks written during the year, 

Premiums thereon, 

Marine and inland risks written during the year 

Premiums thereon, 

Fire risks terminated, 

Marine risks terminated, .... 
Fire risks outstanding at end of year, . 
Marine risks outstanding at end of year, 
Fire losses incurred during the year, . 
Marine losses incurred during the year, 



155,160, 

$37,09*.- 



141,114.593 
3,4i' 
1,984,447 



146,521,963 



$25,156,390 
1,672,491 
7,769,778 
2,70* 

1,028,124 
2.67 



$41. 



$4,945,013,570 

54,842,483 

952,038,622 

4,2 r 

4398,172,070 

946,121,371 

5,650,638,897 

58,112,920 

21,362. 

4,627,236 



* Immediately available for the payment of losses in this State. 

t Not including liabilities in States wherein special deposits have been made. 



APPENDIX. 



APPENDIX. 



GLOUCESTER MUTUAL FISHING INSURANCE COMPANY, 

GLOUCESTER.* 

[Incorporated 1847. Commenced business 1847.] 
DAVID S. PRESSON, President. FRANCIS BENNETT, Secretary. 

Summary of Assets Dec. 31, 1894. 
Cash in bank and in course of collection, . $14,215 28 

Gross assets, , $14,215 28 



Liabilities. 

Losses unpaid, 

State and local taxes, .... 
Gross liabilities, 

Income. 
Premiums collected during the year, 

Gross cash income, 

Expenditures. 
Cash paid for marine losses, .... 

for salaries of officers and employees, 

for State and local taxes, . 

for rent and incidentals, . 

for interest on borrowed money, 

Gross cash expenditures, .... 

Risks and Premiums. 

Marine risks written during 1894, . . . $ 
Marine risks expired and terminated, 

Miscellaneous. 
Marine losses incurred during the year, . 



$7,175 00 
626 90 



$144,516 73 



$7,801 90 



$144,516 73 



$139,037 50 

3,191 99 

980 00 

1,226 81 

952 51 

$145,388 81 



Premiums. 

(1,670,621 00 $146,322 97 
1,670,621 00 146,322 97 



$138,497 91 



* The stock is subscribed annually, in November, in shares of $1,000 each, for which a stock- 
note is given of $200 per 3hare, upon which all assessments are made. Each subscriber is 
required to insure vessel property to at least seven-eighths of the amount of stock taken by him. 
No vessels are insured except Gloucester fishing vessels. No one risk exceeds $10,000. All 
risks terminate on the fifteenth day of November of each year, and each year's business is 
settled at the close of the year. Premiums commence in November at 9 per cent., and decrease 
as the season advances to 4 per cent., which is the lowest premium. 



422 REPORT OF THE 



SUGGESTIONS FOR LEGISLATION. 



(CommoniDsaltlj of ghssntbusttis. 



Insurance Department, 

Boston, Jan. 1, 1895. 

To the Honorable the Senate and House oj Representatives in General 

Court assembled. 

In accordance with the provisions of law, herewith is sub- 
mitted such portions of the forthcoming report of the insur- 
ance commissioner as contain suggestions for legislative action. 

CD C 

Respectfully submitted, 

GEO. S. MERRILL, 

Insurance Commissioner. 



In the revision of the insurance statute last year two typo- 
graphical errors occurred which should be corrected. The 
word " fire" in the last paragraph of section 20 should be 
stricken out ; and the word " issued " in the standard policy, 
following the restrictions as to camphine, benzine, naphtha, et 
should be changed to " used." 

As policies written during the present year for the longest 
term allowed by law will not expire until the year 1900 the 
second " 18 " in the dates given in the standard. policy should 
be stricken out and space left blank. 

To harmonize the different provisions of the statute in regard 
to agents and brokers the word " suitable" should be inserted 
in the second line of the second paragraph of section 93, 
between the words "any" and "person," or the additional 



INSURANCE COMMISSIONER. 423 

provision made that the commissioner may refuse a broker's 
license to any person already convicted of violation of the in- 
surance statutes. 

The retirement from the department, to accept a much more 
lucrative position, of Deputy Commissioner W. S. Smith, who 
for nearly seventeen years had also filled the position of actuary, 
will necessitate the amending of the statute so as to provide for 
an actuary for this department. 

By an error in the revision of the statute prescribing the 
printing of reports the number of life reports of this depart- 
ment was accidentally reduced, and the law should be amended 
or additional provision made for one thousand more copies. 

The insurance companies transacting business in Massachu- 
setts pay, in accordance with law, precisely the same form and 
amount of taxes to the Commonwealth as is required of corpo- 
rations of any other character. In addition, when the insurance 
department was established, valuation, license and other fees 
were required of the companies to maintain the cost of carrying 
on the department. Owing to the immense increase of the 
business, far beyond the increase in expenditures to conduct 
the same, these fees have not only paid the entire salaries and 
other expenses of the department, but have returned an ever- 
increasing revenue to the Commonwealth, the excess during 
1894 being thirty-eight thousand six hundred dollars ($38,600). 
The valuation fee has been from time to time decreased, until 
it is now but one-fourth of one per cent, per thousand dollars 
of insurance, and it does not seem, in the nature of the business, 
to be desirable to further decrease any of the fees, but it will 
be admitted that as all these extra demands upon the compa- 
nies were established for the sole purpose of meeting the actual 
expenses of the insurance department, the Commonwealth 
ought not, in any degree of justice, to receive more than is ex- 
pended by the department for its annual cost. The com- 
missioner recommends that, as a matter of entire equity to the 
companies, it be provided that the excess of the agents' fees 
over the actual cost of the department be paid back in a pro- 
portional rate to the companies contributing the same. 

Section 21 of the insurance statute provides that " No oral 
or written misrepresentation made in the negotiation of a con- 
tract or policy of insurance, by the assured or in his behalf, 



424 REPORT OF THE 

shall be deemed material or defeat or avoid the policy, or pre- 
vent its attaching, unless such misrepresentation is made with 
actual intent to deceive, or unless the matter misrepresented 
increased the risk of loss." The intent of the legislature in 
this section is perfectly clear. It was to prevent a corporation 
from setting up a more technical misrepresentation, which in 
no degree affected the risk or increased the liability of the 
company, as a defence after the policy shall have become due. 
Since the pasage of the act some of the companies have put 
into the application a warranty by which the insured warrant- 
each and all of the statements in the application to be true. A 
recent decision of the Superior Court, which is now pending 
upon appeal in the Supreme Court, to the effect that a war- 
ranty is not such a misrepresentation as is covered by the 
above section, practically nullities the entire provision con- 
tained in said section, and the same should be at once amended 
by inserting " warranty " therein. 

Attention is called to the suggestion made in the Life Report 
of last year in relation to the necessity for legislation providing 
for the closing of assessment and fraternal corporations which 
have dwindled in such a degree as to render their farther 
existence only a menace to the interests of the public. It 
was shown that altogether nearly one hundred fifty of these 
corporations have a membership of less than two hundred each, 
and the statute at present makes no provision for the closing of 
their affairs. During the past year there were organized in 
this Commonwealth an additional thirty-five, and four of this 
class of corporations were admitted, making altogether nearly 
three hundred fifty now transacting business in Massachusetts. 
No one will contend that there is room for one-half of this 
number to successfully compete for insurance on the lines in 
which they are conducted, and in addition to providing for a 
method of closing the weaklings, restrictions should be thrown 
around the organization of such institutions so as to preclude 
the formation of such a large number, very generally intended 
for the benefit of only a few individuals. 

Attention is again called to the necessitv of legislation for- 
bidding fire insurance companies from paying losses while an 
investigation is pending in relation to the cause of the tire. 

In accordance with the provisions of law as now existing, 



INSURANCE COMMISSIONER. 



425 



domestic insurance companies may appoint agents at their 
pleasure, these not requiring, as in the case of foreign com- 
panies, a license from the insurance department. No little 
confusion arises in cases of complaints against individuals for 
acting without authority, from the fact that under this condi- 
tion of affairs the department has no knowledge as to who may 
be acting as agents of domestic companies, property authorized 
by the same. The law should be amended to provide that 
domestic insurance companies shall forward to the department, 
for registry, the names of all agents appointed, and that no 
person shall be authorized to act as such agent until such 
registrv shall have been made. 

For six years prior to 1876 the salary of the insurance com- 
missioner was five thousand dollars per year. 

Comparing the year 1875, the last in which the salary was 
five thousand dollars, with 1894, the business of all the life 
insurance companies transacting business in the Commonwealth 
shows the following : — 



1875. 



1894. 



Number of policies in force, . 
Amount of same, .... 
Receipts of department, . 
Surplus to State over expenditures, 



765,422 

$1,907,000 

39,929 

13,239 



1,790,000 

=,750,000,000 

68,364 

38,275 



Fire and other insurance have increased in about the same 
proportion. 

The actual assets of all of the companies doing insurance of 
various kinds in Massachusetts amounted last year to thirteen 
hundred millions of dollars ($1,300,000,000), and the com- 
putations of the department in relation to all classes of insur- 
ance reached an aggregate of thirty-six thousand millions of 
dollars ($36,000,000,000). 

In view of the foregoing statement, and in the light of the 
salaries paid to similar officials in other States, it is modestly 
suggested that the salary of the commissioner of this Common- 
wealth might equitably be increased. 



426 REPORT OF THE 

New Insurance Statutes. 

The codification of the insurance statutes enacted by the 
Legislature of 1894, near the close of the session, and includ- 
ing all the changes made during that year, the same being 
chapter 522 of the Acts of the year 1894, and this completed 
statute having been thereafter issued in pamphlet by this De- 
partment, it is unnecessary in this report to follow the usual 
custom of printing in the Appendix the laws of the previous 
year. 

The following acts, however, having been passed by the 
Legislature of 1895 prior to the issuance of this report are 
herewith published for the information of those interested 
therein : — 

[Chap. 46.] 

An Act relative to the registration of agents of domestic 

insurance companies. 
Be it enacted, etc., as follows : 

Section 1. Every corporation heretofore or hereafter chartered 
under the laws of this Commonwealth to transact the business of 
insurance of any kind shall file with the insurance commissioner the 
name and residence of each person it appoints or employ's to act 
its agent ; and whoever shall assume to act as such agent, or shall in 
any manner for compensation aid in negotiating contracts of insur- 
ance on behalf of such corporation for a person other than himself, 
prior to the filing of such notice of appointment, shall be guilty of a 
misdemeanor, and upon conviction thereof shall be subject to the 
penalties of section one hundred and ten of chapter five hundred and 
twenty-two of the acts of the year eighteen hundred and ninety-four. 

Sect. 2. This act shall take effect on the first day of July in the 
year eighteen hundred and ninety-five. [Approved February 12. 1895. 



[Chap. 54.] 
An Act providing for additional copies of part second of the 

report of the insurance commissioner. 
Be it enacted, etc., as follows: 

Section 1. There shall be printed for the use of the insurance 
commissioner, in addition to the number now provided by law, one 
thousand copies of Part II. , of the annual report of said commissioner 
relating to life, casualty and other insurance. 

Sect. 2. This act shall take effect upon its passage. [Appr 
February 15, 1S95. 



INSURANCE COMMISSIONER. 427 



[Chap. 59.] 

An Act relative to the hazard to be assumed by insurance 
companies, the licensing of brokers and the form of the 
standard policy. 

Be it enacted etc., as follows : 

Section 1. Section twenty of chapter five hundred and twenty- 
two of the acts of the year eighteen hundred and ninety-four is hereby 
amended by striking out in the twelfth line, the word " fire", so as 
to read as follows: — Section 20. If any company authorized to 
transact the business of insurance in this Commonwealth shall directly 
or indirectly contract for or effect any reinsurance of any risk or part 
thereof taken by it, it shall make a sworn report thereof to the insur- 
ance commissioner at the time of filing its annual statement, or at 
such other time as he may request; and such reinsurance, except so 
far as it is in companies authorized to do business in this Common- 
wealth, shall not reduce the reserve required of it or the taxes to be 
paid by it, or increase the amount it is authorized to have at risk in 
any town or fire insurance district. No insurance company shall 
insure in a single hazard a larger sum than one tenth of its net assets : 
provided, however, that a mutual boiler insurance company of this 
Commonwealth may insure in a single risk an amount not exceeding 
one fourth of its net assets. 

Sect. 2. Section ninety- three of said chapter is hereby amended 
by inserting in the tenth line, after the word " any ", the word : — 
suitable, — so as to read as follows : — Section 93. Whoever, for 
compensation, acts or aids in any manner in negotiating contracts of 
insurance or reinsurance or placing risks or effecting insurance or 
reinsurance for a person other than himself, and not being the ap- 
pointed agent or officer of the company in which such insurance or 
reinsurance is effected, shall be deemed an insurance broker, and no 
person shall act as such broker save as provided in this section. 

The insurance commissioner may, upon the payment of a fee of 
ten dollars, issue to any suitable person a certificate of authority to 
act as an insurance broker to negotiate contracts of insurance or rein- 
surance or place risks or effect insurance or reinsurance with any qual- 
ified domestic insurance company or its agents, and with the author- 
ized agents in the Commonwealth of any foreign insurance company 
duly admitted to do business in the Commonwealth. 

Such certificate shall remain in force for one year unless revoked 
by the commissioner for cause. Such cause shall exist upon convic- 
tion of the holder of such certificate of a violation of the insurance 
laws, and whenever it shall appear to the commissioner upon due 



428 KEPORT OF THE 

proof after notice that the holder has unreasonably failed and 
neglected to pay over to the company or agent entitled thereto any 
premium or part thereof collected by him on any policy of insurance. 
The commissioner shall publish such revocation in such manner as he 
deems for the protection of the public. 

Sect. 3. The fourth paragraph of the standard form of policy in 
section sixty of said chapter is hereby amended by striking out in the 
second and fourth lines, the word " eighteen ", and leaving a blank 
in the place of each word so stricken out, so as to read as follows : — 
Said property is insured for the term of , beginning on the 

day of , in the year hundred 

and , at noon, and continuing until the day of 

, in the year hundred and , at noon, 

against all loss or damage by fire originating from any cause except 
invasion, foreign enemies, civil commotions, riots, or any military or 
usurped power whatever ; the amount of said loss or damage to be 
estimated according to the actual value of the insured property at the 
time when such loss or damage happens, but not to include loss or 
damage caused by explosions of any kind unless fire ensues, and 
then to include that caused by fire only. 

Sect. 4. The fifth paragraph of the standard form of policy in 
section sixty of said chapter is hereby amended by striking out in the 
twenty-fifth line, the word " issued ", and inserting in place thereof 
the word : — used, — so as to read as follows : — This policy shall be 
void if any material fact or circumstance stated in writing has not 
been fairly represented by the insured. — or if the insured now has 
or shall hereafter make any other insurance on the said property 
without the assent in writing or in print of the company, — or if, 
without such assent, the said property shall be removed, except that, 
if such removal shall be necessary for the preservation of the prop- 
erty from fire, this policy shall be valid without such assent for five 
days thereafter, — or if, without such assent, the situation or circum- 
stances affecting the risk shall, by or with the knowledge, advice, 
agency or consent of the insured, be so altered as to cause an increase 
of such risks, or if, without such assent, the said property shall be 
sold, or this policy assigned, or if the premises hereby insured shall 
become vacant by the removal of the owner or occupant, and so re- 
main vacant for more than thirty days without such assent, or if it be 
a manufacturing establishment, running, in whole or in part, extra 
time, except that such establishments may run, in whole or in part, 
extra hours not later than nine o'clock p.m., or if such establish- 
ments shall cease operation for more than thirty days without 
permission in writing indorsed hereon, or if the insured shall 
make any attempt to defraud the company either before or after 



INSURANCE COMMISSIONER. 429 

the loss, — or if gunpowder or other articles subject to legal re- 
striction shall be kept in quantities or manner different from those 
allowed or prescribed by law, — or if camphene, benzine, naphtha, or 
other chemical oils or burning fluids shall be kept or used by the 
insured on the premises insured, except that what is known as refined 
petroleum, kerosene, or coal oil, may be used for lighting, and in 
dwelling houses kerosene oil stoves may be used for domestic pur- 
poses, — to be filled when cold, by daylight, and with oil of lawful 
fire test only. 

Sect. 5. This act shall take effect upon its passage. [Approved 
February 15, 1895. 



[Chap. 81.] 

An Act to authorize the employment of an actuary in the in- 
surance DEPARTMENT. 

Be it enacted, etc., as follows : 

Section 1. Section five of chapter five hundred and twenty-two 
of the acts of the year eighteen hundred and ninety-four is hereby 
amended by inserting in the eleventh line, after the word " depart- 
ment", the words: — an actuary with an annual salary of two 
thousand dollars, — so as to read as follows : — Section 5. The 
commissioner shall exercise the powers and perform the duties con- 
ferred and imposed upon him by this act or by any other law of the 
Commonwealth. He may with the approval of the governor and 
council appoint, and with their consent remove, a deputy commis- 
sioner to assist him in his duties, who shall receive an annual salary 
of twenty-five hundred dollars. In the event of a vacancy in the office 
of commissioner or during the absence or disability of that officer the 
deputy commissioner shall perform the duties of the office. The 
commissioner may employ in his department an actuary with an 
annual salary of two thousand dollars, a chief clerk with an annual 
salary of two thousand dollars, a second clerk with an annual salary 
of fifteen hundred dollars, a third clerk with an annual salary of 
twelve hundred dollars, and such additional clerks and assistants as 
the public business in his charge may require, at an expense not to 
exceed such sum as the general court may appropriate each year. 

Sect. 2. This act shall take effect on the first day of January in 
the year eighteen hundred and ninety-five. [Approved February 28, 
1895. 



430 REPORT OF THE 



[Chap. 104.] 
An Act relative to change of name by fraternal bem i iciabj 

corporations 

Be it enacted, etc., as follows : 

Section 1. Any corporation subject to the provisions of chapter 
three hundred sixty-seven of the acts of the year eighteen hundred 
ninety-four may, with the consent of the insurance commissioner, 
upon application to the commissioner of corporations, change its 
name under the conditions and in the manner prescribed in chapter 
three hundred and sixty of the acts of the year eighteen hundred and 
ninety-one. 

Sect. 2. This act shall take effect upon its passage. [Approved 
March 9, 1895. 



[Chap. 119.] 
An Act to extend the time for completing the organizati< m 

OF THE NEW ENGLAND BURGLARY INSURANCE COMPANY. 

Be it enacted, etc., as follows : 

The time for completing the organization of the New England 
Burglary Insurance Company, and the filing of the statement thereof 
with the secretary of the Commonwealth, is hereby extended to the 
thirty-first day of December in the year eighteen hundred and ninety- 
five. [Approved March 13, 1895. 



[Chap. 159.] 

An Act to exempt veteran soldiers and sailors from the pay- 
ment of fees for certificates of authority to act as insurance 

BROKERS. 

Be it enacted, etc., as follows : 

Section 1. The insurance commissioner may issue a certificate of 
authority to act as an insurance broker, without the payment of any 
fee therefor, to any soldier or sailor resident in this Commonwealth 
who served in the army or navy during the war of the rebellion and 
who received an honorable discharge from such service, upon satis- 
factory evidence of the identity of such soldier or sailor. 

Sect. 2. So much of section ninety-three of chapter five hundred 
and twenty-two of the acts of the year eighteen hundred and ninety- 
four as is inconsistent herewith is hereby repealed, 

Sect. 3. This act shall take effect upon its passage. [Approved 
March 22, 1895. 



INSURANCE COMMISSIONER. 431 



[Chap. 190.] 

An Act relative to mutual fire insurance companies with a 

guaranty capital. 
Be it enacted, etc., as folloivs : 

Section 1. A mutual fire insurance company may be formed with, 
or a mutual fire insurance company now existing may establish, a 
guaranty capital of not less than twenty-five thousand dollars nor 
more than two hundred thousand dollars, divided into shares of one 
hundred dollars each, which shall be invested in the same manner as 
is provided for the investment of the capital stock of certain insurance 
companies by section thirty-four of chapter five hundred and twenty- 
two of the acts of the year eighteen hundred and ninety-four. The 
stockholders of the guaranty capital of a company, acquired under the 
provisions of the Public Statutes of this Commonwealth, or of any 
acts subsequent thereto, shall be entitled to a semi-annual dividend 
of not more than three and one-half per cent, on their respective 
shares if the net profits or unused premiums left after all expenses, 
losses and liabilities then incurred, together with the reserve for rein- 
surance, are provided for, shall be sufficient to pay the same. The 
guaranty capital shall be applied to the payment of losses only when 
the company has exhausted its cash in hand and the invested assets, 
exclusive of uncollected premiums, and when thus impaired, the 
directors may make good the whole or any part of it by assessments 
upon the contingent funds of the company at the date of such impair- 
ment. Shareholders and members of such companies shall be subject 
to the same provisions of law in respect to their right to vote as apply 
respectively to shareholders in stock companies and policy holders in 
purely mutual companies ; and said guaranty capital shall be retired 
when the permanent fund of the company equals two per cent, of the 
amount insured upon all policies in force ; and said guaranty capital 
may be reduced or retired by vote of the policy holders of the com- 
pany and the assent of the insurance commissioner, provided the net 
assets of the company above its reinsurance reserve and all other 
claims and obligations, exclusive of guaranty capital, for two years 
immediately preceding and including the date of its last annual state- 
ment, shall be not less than twenty-five per cent, of the guaranty 
capital. Due notice of such proposed action on the part of the com- 
pany shall be mailed to each policy holder of the company not less 
than thirty days before the meeting when such action may be taken, 
and shall also be advertised in two papers of general circulation ap- 
proved by the insurance commissioner, not less than three times a 
week for a period of not less than four weeks before said meeting. 



432 REPORT OF THE 

No insurance company with a guaranty capital, which has ceased to 
do new business, shall divide to its stockholders any part of its assets 
or guaranty capital except income from investments until it shall have 
performed or cancelled its policy obligations. 

Sect. 2. Section forty-two of chapter five hundred and twenty- 
two of the acts of the year eighteen hundred and ninety-four is hereby 
repealed. [Approved March 28, 1895. 



[Chap. 263.] 

An Act relative to the maximum insurable age in cases of 

accident insurance. 
Be it enacted, etc., as follows: 

Section 1. Section twenty of chapter four hundred and twenty- 
one of the acts of the year eighteen hundred and ninety is hereby 
amended by inserting in the eighth line, after the word "began", 
the words : — and provided, further, that such corporations which in- 
sure against accident only may issue policies or certificates on the 
lives of persons not over seventy years of age, so as to read as fol- 
lows : — Section 20. No corporation doing business under this act 
shall issue a certificate or policy upon the life of any person more 
than sixty years of age, nor upon any life in which the beneficiary 
named has no interest : provided, however, that in case of the trans- 
fer or reinsurance of members, as provided in section twelve, the fore- 
going limit of age shall not apply to members who have reached sixty 
years since their membership began ; and provided, further, that such 
corporations which insure against accident only may issue policies or 
certificates on the lives of persons not over seventy years of age. 
Every call for payments by the policy or certificate holders shall dis- 
tinctly state the purpose of the same, and whether any part thereof 
shall or may be used for expenses, and if so how much : provided, 
however, that expenses incurred in investigating and contesting cases 
believed to be fraudulent may be considered as a part of the mortuary 
expense. Any assignment of a policy or a certificate to a person 
having no interest in the insured life shall render such policy or cer- 
tificate void. 

Sect. 2. This act shall take effect upon its passage. [Approved 
April 10, 1895. 



INSURANCE COMMISSIONER. 433 

[Chap. 271.] 
An Act relative to warranties in life insurance policies. 

Be it enacted, etc , as follows : 

Section 1 . Section twenty-one of chapter five hundred and twent} T - 
two of the acts of the year eighteen hundred and ninety-four is hereby 
amended by inserting in the first line, after the word " misrepresent- 
ation ", the words: — or warranty, — by inserting in the fifth line, 
after the word ''misrepresentation", the words: — or warranty, — 
and by inserting in the sixtli line, after the word " misrepresented", 
the words : — or made a warranty, — so as to read as follows: — 
Section 21. No oral or written misrepresentation or warranty made 
in the negotiation of a contract or policy of insurance, by the assured 
or in his behalf, shall be deemed material or defeat or avoid the 
policy, or prevent its attaching, unless such misrepresentation or 
warranty is made with actual intent to deceive, or unless the matter 
misrepresented or made a warranty increased the risk of loss. 

Sect. 2. This act shall take effect upon its passage. [Approved 
April 12, 1895. 

[Chap. 281.] 

An Act relative to misrepresentations in applications for mem- 
bership in fraternal beneficiary corporations. 

Be it enacted, etc., as follows : 

Section 1. When any certificate is issued to a resident of the 
Commonwealth by any fraternal beneficiary corporation organized 
under the laws of or admitted to do business in this Commonwealth, 
no oral or written misrepresentation or warranty made by the assured 
or in his behalf in the application for such certificate, or in the nego- 
tiation of the contract, shall be deemed material or defeat or avoid 
the certificate or prevent its attaching, unless such misrepresentation 
or warranty is made with actual intent to deceive, or unless the mat- 
ter misrepresented increased the risk of loss. 

Sect. 2. This act shall take effect upon its passage. [Approved 
April 17, 1895, 

[Chap. 340.] 
An Act relative to the closing of the affairs of certain 
fraternal beneficiary and assessment corporations. 

Be it enacted, etc., as follows : 

Section 1. Whenever any Massachusetts corporation subject to 
the provisions of chapter four hundred and twenty-one of the acts of 



434 REPORT OF THE INSURAfl MMISSIONER. 

the year eighteen hundred and ninety shall, after an existence of one 
year or more, have a membership of less than five hundred, or when- 
ever any Massachusetts corporation subject to the provisions of chap- 
ter three hundred and sixty-seven of the acta of the year eighteen 
hundred and ninety-four shall, after a like existence, have a member- 
ship of less than one hundred, or upon the request of the president or 
secretary of any Massachusetts corporation subject to the provisions 
of either of said chapters, the insurance commissioner may present 
the facts in relation to the same to any justice of the supreme judi- 
cial or superior courts. Said justice shall thereupon notify the officers 
of such corporation of a hearing, and unless it then appears that some 
special and good reason exists why the corporation should not be 
closed the insurance commissioner or some suitable person shall be 
appointed receiver of such corporation, and shall proceed at once 
to take possession of its books, papers, moneys and other i 
and shall forthwith, under the direction of the court, proceed to close 
its affairs and to distribute its funds to those entitled thereto. For 
this service the receiver may be allowed out of any funds in posses- 
sion of the corporation, or which may come into his hands, such sum 
as the court may determine to be just and reasonable. In ease such 
corporation is not possessed of sufficient funds to pay the expenses 
of closing the same as allowed by the court, such expenses shall be 
paid by the treasurer of the Commonwealth out of the excess receipts 
of the insurance department over and above the cost of carrying on 
said